in 2017, costello company performs work for a customer and bills the customer $10,000; it also pays expenses of $3,000. the customer pays costello in 2018. if costello uses the accrual-basis of accounting, then costello will report:

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?