The stoudemire trust reports $45,000 of net investment income (nii) and $60,000 in net profits from an active business operation for 2018. stoudemire retains all of the business profits but, under the terms of the trust agreement, distributes $17,400 cash from the nii to its sole beneficiary marshall. round your final answer to the nearest dollar. the trust's liability under the additional tax on nii is $

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: