The following december 31, 2009, fiscal year-end account balance information is available for the stonebridge corporation: cash and cash equivalents $ 5,000accounts receivable (net) 20,000inventories 60,000property, plant, and equipment (net) 120,000accounts payable 44,000wages payable 15,000paid-in-capital 100,000the only asset not listed is short-term investments. the only liabilities not listed are a $30,000 note payable due in two years and related accrued interest of $1,000 due in four months. the current ratio at year-end is 1.5: 1.required: determine the following at december 31, 2009: total current assets ? ? short-term investments ? ? retained earnings ? ?

He cornerstone of arsoac, the is organized into four like battalions and provides nighttime, all-weather, medium range insertion, extraction, and resupply capability in hostile or denied areas.

Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.

In most states, a licensee must provide a(n) of any existing agency relationships to all parties