On January 1, 2018, Natick Co. recorded a right-of-use asset of $135,180 in an operating lease. The lease calls for ten annual payments of $20,000 at the beginning of each year. The interest rate charged the lessor was 10%. The balance in the right-of-use asset at December 31, 2018, will be:

Which of the following statements is true about financial planning

Personal financial planning is the process of creating and achieving financial goals? true or false

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?