Seemore lens company (slc) sells contact lenses fob destination. for the year ended december 31, the company reported: a) inventory of $79,000 and cost of goods sold of $438,000. b) included in inventory (and accounts payable) are $11,800 of lenses slc is holding on consignment. c) included in slc’s inventory balance are $5,900 of office supplies held in slc’s warehouse. d) excluded from slc’s inventory balance are $8,900 of lenses in the warehouse, ready to send to customers on january 2. slc reported these lenses as sold on december 31, at a price of $16,800. e) included in slc’s inventory balance are $3,450 of lenses that were damaged in december and will be scrapped in january, with zero realizable value. required: prepare the table showing the balances presently reported for inventory and cost of goods sold, and then displaying the adjustment(s) needed to correctly account for each of items (), and finally determining the appropriate inventory and cost of goods sold balances. (enter any decreases to account balances with a minus sign.)

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court. the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court. because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located. because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center. because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.