The amount and character of Susan's gain or loss from the sale is $10,000 capital loss; $20,000 ordinary income. 
<u>Explanation:</u>
Susan's share of unrealized receivables is $20,000 ($60,000 unrealized receivables into 1 by 3 interest). Susan will thus in the books record $20,000 of ordinary income and a $10,000 capital gain.
Susan’s share of unrealized receivable is $ 20000. Susan will recognize $20000 of ordinary income and a $10000 capital gain determined as the differnce the option shall be between the total gain of $30000 and the ordinary income of $20000. The answer from the given option is $10,000 capital loss; $20,000 ordinary income.
 
        
             
        
        
        
Answer:
 journal entry  based on straight line method are given below
Explanation:
given data 
issues = $570,000
rate = 8.5 %
time = 4 year 
issued = $508,050
market rate = 12%
to find out 
prepare journal entry 
solution
 journal entry  based on straight line method
 date                    general journal                              Debit             Credit  
June 30               bond interest expenses                $31969  
                             Discount on Bonds payable                                $7744
                              = (570000-508050 ) ÷ 8
                               Cash = 570000 × 8.5% ÷ 2                                $24225	
December 31       Bond interest expense                  $31969  
                             Discount on Bonds payable                                $7744
                              = (570000-508050 ) ÷ 8
                               Cash = 570000 × 8.5% ÷ 2                                $24225	
 
        
             
        
        
        
From each according to his ability, to each according to his needs is the phrase Marx used
 
        
             
        
        
        
Answer:
$104,329
Explanation:
Given that,
Least squares regression line from available data:
y = $106,729 - 0.8x
where,
y = Net income
x = Number of paper clips it purchases
If x = 3,000 paper clips are planned to be purchased next month then the next month's net income is calculated as follows:
= $106,729 - 0.8x
= $106,729 - (0.8 × 3,000)
= $106,729 - $2,400
= $104,329