12.Transverse Crane Service will obtain a bonus at the end of a multi-year project if the job is completed on time. This bonus will amount to $100,000 or a bridge general maintenance project across the Hudson River. The company has the following investments and cash draws on the 9-year project: They invested $2,000,000 at the start of the project to cover expected costs. In year 2 they expect to withdraw $6,000,00. In year 3, they will receive a partial payment for $800,000. In year 5, they will have to withdraw $900,000, In year 6, they will need to withdraw $400,000, and in year 8 they will receive a payment of $1,800,000. The project will end in year 9 with no additional costs. How much will be in the account with an interest rate of 3%.

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work