Gutierrez company reported net income of $194,800 for 2020. gutierrez also reported depreciation expense of $47,700 and a loss of $5,900 on the disposal of plant assets. the comparative balance sheet shows a decrease in accounts receivable of $16,700 for the year, a $18,700 increase in accounts payable, and a $3,000 decrease in prepaid expenses.

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.