The adjusted account balance of Spooky Town Internal Service Fund on June 30, 2016, was as follows: Cash $4,000 Receivable from Enterprise Fund $3,000 Building $313,000 - Inventory of supplies $32,150 Vouchers payable $7,150 Transfer in from General Fund $12,000 Net Assets, July 1,2015 $315,000, Charges for services $81,000, Personal services expense $10,600, Supplies expense $42,000, Heat, light, and power expense $3,000, Depreciation expense $24,000, Accounts Payable $1,500 Prepare a statement of revenues, expenses, and changes in net assets l for the Spooky Town Internal Service Fund for the fiscal year ended June 30, 2016.

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation