Gayla arranged to sell Riha's car to a Denver Public School employee right away; Riha's name appeared to be on the car's title assignment. She sold Riha's property and relocated all of his furnishings and personal belongings to her Denver residence. She gave the Denver Art Museum his collection of artwork, which was valued at about $19,000. She donated his books to Denver's Loretto Heights College. Gayla divided up all of his belongings.
<h3>
What has made the Denver Art Museum famous?</h3>
It is renowned for its collection of American Indian art, as well as for The Petrie Institute of Western American Art, which is in charge of the Museum's Western art collection, and for its other collections, which total more than 70,000 unique pieces from all over the world and the centuries.
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Answer:
The journal entry to record depletion is :
Debit : Depletion Expense $74,235
Credit : Accumulated Depletion $74,235
Explanation:
<em>Depletion Expense = Depletion rate × units extracted during the year</em>
where,
<em>Depletion rate = (Cost - Salvage Value) ÷ Estimated total units</em>
Therefore,
Depletion rate = ($404,000 + $101,000 + $80,800 - $161,600) ÷ 4,040 tons
= $ 105 per ton
Therefore,
Depletion Expense = $ 105 per ton × 707 tons
= $74,235
<u>Journal Entry :</u>
Debit : Depletion Expense $74,235
Credit : Accumulated Depletion $74,235
To bring in a test group to try out the products before they are released to the general public so that you can work out any issues that the product may contain.
Answer: The current price of the bond is $258.74
Explanation:
The present value of the bond is its Current Price
We would use the following formua to calculate the Current Price of the bond,
PV = 
+ A ![[\frac{1-\frac{1}{(1+r)^{N} } }{r} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%20%7D%20%7D%7Br%7D%20%5D)
Where,
FV = Face value = $1,000
A = Coupon payment paid semi annually = (8% x 1000) / 2 = $40
r = Yield to Maturity = 16%
N = Number of periods = 15 years x 2 = 30 semi-annual periods
PV = 
+ 40 ![[\frac{1-\frac{1}{(1+0.16)^{30} } }{0.16} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2B0.16%29%5E%7B30%7D%20%7D%20%7D%7B0.16%7D%20%5D)
PV = 258.73618
I think the awnser is C but i'm not for sure or it could be D but i'm going to go with C and if that's not the awnser then it's D
