Value added inc. buys $1 million of sow's ears at the beginning of january but doesn't pay immediately. instead, it agrees to pay the bill in march. it processes the ears into silk purses, which it sells for $2 million in february. however, it will not collect payment on the sales until april. (leave no cells blank - be certain to enter "0" wherever required. negative amounts should be indicated by a minus sign. enter your answers in thousands of dollars not in millions.)

(a) what is the firm’s net income in february?

(b) what is its net income in march?

Jason started last week with $900 in his checking account. during the week, he wrote the checks below. at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his check register. trans typ./ check no. date description of transaction payment/ debit deposit/ credit (+) balance 900 00 241 12/4 miller's food market 53.21 53 21 groceries 846 79 242 12/7 frank's auto parts 24.05 24 05 oil and filter 822 74 243 12/8 mike's barber shop 15.00 15 00 haircut 807 74 deposit 12/9 paycheck 534.59 534 59 1,342 33 evaluate jason's check register. a. jason did a good job; everything is correct. b. the final balance is wrong; jason did not add everything correctly. c. jason should have written debit instead of deposit for the transaction type. d. jason entered the amount for his paycheck in the wrong column.