Draper company sold $200,000 of extended warranties in 20x8. the warranty represents a separate performance obligation and covers any repairs needed over the next four years. the warranty takes effect on january 1, 20x9. draper uses a straight‐line approach to recognize warranty revenue. what amounts of warranty revenue and unearned warranty revenue, respectively, should draper report in its december 31, 20x9, income statement and balance sheet?

What amounts of

Warranty Revenue                             50000

Unearned Warranty Revenue          150000

Explanation:

Cash                          200000  

Unearned revenue           200000

Sold warranty  

Unearned Revenue           50000

Extended warranty                         50000  

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

answer; closing the loop;