An investor writes an uncovered rst may 25 put for a premium of 4. when rst is at 16, the put option is exercised. if the stock is immediately sold at the current market price, what is the investor's profit or loss? a. $500 loss b. $500 profit c. $900 loss d. $900 profit

The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was