In many corporations, employees are being replaced by automated equipment in order to save money. however, many workers who lose their jobs to automation will need government assistance to survive, and the same corporations that are laying people off will eventually pay for that assistance through increased taxes and unemployment insurance payments. which of the following, if true, most strengthens the author's argument? (a) many workers who have already lost their jobs to automation have been unable to find new jobs.(b) many corporations that have failed to automate have seen their profits decline.(c) taxes and unemployment insurance are paid also by corporations that are not automating.(d) most of the new jobs created by automation pay less than the jobs eliminated by automation did.(e) the initial investment in machinery for automation is often greater than the short-term savings in labor costs.

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy.year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period.required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.