Your options for shipping $101 comma 390 of machine parts from baltimore to kuala lumpur, malaysia, are (1) use a ship that will take 30 days at a cost of $3 comma 830, or (2) truck the parts to los angeles and then ship at a total cost of $4 comma 850. the second option will take only 18 days. you are paid via a letter of credit the day the parts arrive. your holding cost is estimated at 30% of the value per year. a) ▼ alternative 1 alternative 2 is more economical, with a daily holding cost of $ nothing. (enter your response rounded to two decimal places.) b) what issues are not included in the data presented? a. for each additional day it takes to deliver the parts, customer satisfaction is likely to decrease. b. for each additional day it takes to deliver the parts, you forgo the interest you could have earned on the payment. c. for each additional day it takes to deliver the parts, total fuel costs for shipping increase.

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.