Wharton, Inc. pays income taxes on capital gains at a rate of 30 percent. At December 31,
year 1, the company owns marketable securities that cost $180,000 but have a current market value
of $520,000.
a. How will users of Wharton's financial statements be made aware of this substantial increase in
the market value of the company's investments?
b. As of December 31, year 1, what income taxes has Wharton paid on the increase in value of
these investments? Explain.
C. Prepare a journal entry at January 4, year 2, to record the cash sale of these investments at
$520,000.
d. What effect will the sale recorded in part c have on Wharton's tax obligation for year 2?

In multiple sclerosis, the immune system destroys the substance that coats and protects nerve fibers in the brain and spinal cord. this causes inflammation and injury to the nerves, and the axons don't conduct impulses as well.

The primary function of the respiratory system is to supply the blood with oxygen in order for the blood to deliver oxygen to all parts of the body. the respiratory system does this through breathing. when we breathe, we inhale oxygen and exhale carbon dioxide. this exchange of gases is the respiratory system's means of getting oxygen to the blood.respiration is achieved through the mouth, nose, trachea, lungs, and diaphragm. oxygen enters the respiratory system through the mouth and the nose. the oxygen then passes through the larynx (where speech sounds are produced) and the trachea which is a tube that enters the chest cavity. in the chest cavity, the trachea splits into two smaller tubes called the bronchi. each bronchus then divides again forming the bronchial tubes. the bronchial tubes lead directly into the lungs where they divide into many smaller tubes which connect to tiny sacs called alveoli. the average adult's lungs contain about 600 million of these spongy, air-filled sacs that are surrounded by capillaries. the inhaled oxygen passes into the alveoli and then diffuses through the capillaries into the arterial blood. meanwhile, the waste-rich blood from the veins releases its carbon dioxide into the alveoli. the carbon dioxide follows the same path out of the lungs when you exhale.the diaphragm's job is to pump the carbon dioxide out of the lungs and pull the oxygen into the lungs. the diaphragm is a sheet of muscles that lies across the bottom of the chest cavity. as the diaphragm contracts and relaxes, breathing takes place. when the diaphragm contracts, oxygen is pulled into the lungs. when the diaphragm relaxes, carbon dioxide is pumped out of the lungs. write one paragraph (at least 6 sentences) describing the path of oxygen through the respiratory system. also include why this "order of operations" is the way it is!

When children are young and go to the doctor, the doctor will give them booster shots. this re-exposes the children to a dead portion of a disease to them build immunity.