common Stock, $10 par value $1,700,000 Paid-in Capital in Excess of Par 400,000 Retained Earnings 300,000 Total Stockholders' Equity $2,400,000 The company uses the cost method to account for treasury stock transactions. During 2020, the following treasury stock transactions occurred: (a) April 1 Purchased 15,000 shares at $20 per share. (b) August 1 Sold 5,000 shares at $24 per share. (c) October 1 Sold 5,000 shares at $18 per share. Instructions Journalize the treasury stock transactions for 2020. (6 points)

The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense

Who owns a renter-occupied apartment? a. the government b. a landlord c. the resident d. a cooperative

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?