To support herself while attending school, Daun Deloch sold stereo systems to other students. During the first year of operations, Deloch purchased the stereo systems for $140,000 and sold them for $250,000 cash. She provided her customers with a one-year warranty against defects in parts and labor. Based on industry standards, she estimated that warranty claims would amount to 2 percent of sales. During the year, she paid $2,820 cash to replace a defective tuner.

Prepare an income statement and statement of cash flows for Daun’s first year of operation. (Statement of Cash Flows only, items to be deducted must be indicated with a negative amount.)

Daun’s first year of operation

Income statement

Sales Revenues                       $250,000

Less  

Cost Of Sales                           $ 140,000

Less

Expenses                                   $ 2820

Warranty Claims                          5000

Net Income                                   102,180

Daun’s first year of operation

Cash Flows statement

Net Earnings                       $250,000

Less  

Cash Paid for

Inventory Costs                           $ 140,000

Replacements                                   $ 2820

Net Income                                   107,180

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c