Answer:
The year end December 31, 2018 income statement and balance sheet would show the following Investment in municipal bonds and loss on investments in the income statement.
Investment in municipal Bonds = $3,600,000
Loss on Income statement = $400,000
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Hope this helps you out.
One would be getting out of credit card debt.
<span>another would might be having a savings account in case you lose a job.</span>
5,000 add 3,500= 8,500
Then subtract the current balance from 8,500
Answer 4,500
The break even level of sales is <span>$1400</span> +$13*n