Answer:
Cost of land= 564,500
Explanation:
Cost of land = Purchase price - Salvage + Demolition cost + Land preparation
= 540,000 - 22,000 + 39,000 + 7,500
= 564,500
The answer is <span>preserves and parks. </span>
Answer: See explanation
Explanation:
Based on the information that was provided in the question, Pablo’s case with regards to the scenario given will be regarded as a civil case due to the fact that Drew is being sued.
The Federal court will be the court where the case will hold. This is due to the fact that the parties involved are from different states. While Pablo is from New Mexico, Drew is from California. For speeding, a criminal case can also be brought against Drew.
Answer:
The statement of cash flows will show $1,200 outflow from operating activities.
The balance sheet will show $700 of prepaid insurance.
The income statement will show $500 of insurance expense.
Explanation: