Eric Wood, CPA, was organized on January 1, 2015, as a proprietorship. List the 12 errors that you find in the following financial statements for the three months ended March 31, 2015. Eric Wood, CPA Income Statement For the Three Months Ended March 31, 2015

Fees earned $42,000
Operating expenses:
Salary expense $9,735
Rent expense 5,200
Wages expense 3,950
Utilities expense 3,225
Miscellaneous expense 4,000
Answering service expense 2,550
Supplies expense 4,000
Total operating expenses $28,000
Net Income $14,000

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account