To make, sell, and distribute candy that ethan has developed, he incorporates his business and designates his sister and brother as corporate officers. he sells them shares of stock. no shares are offered to the public. the three agree that if any one of them decides to leave the business, the others will buy that person's stock. ethan’s corporation is most likely

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?