Jarrett company is considering a total cash outlay of $300,000 for the purchase of land, which it could lease out for $36,000 per year. if alternative investments are available that yield a 9% return, the opportunity cost of the purchase of the land is a. $36,000 b. $9,000 c. $27,000 d. $72,000

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?