Sawyer and four others formed A & E Salvage and began a project of recovering salvage materials from the site of the former Liberty Fibers rayon plant. The site consisted of 300 acres, multiple buildings, and extensive ground piping. As A & E removed the salvage materials, it discovered that many of the pipes and buildings contained RACM, a toxic substance. In the removal process, RACM was not treated or removed properly according to statutory requirements. The federal government stepped in and cleaned up the RACM from the property and sought reimbursement from liable parties. Who is liable for the clean-up costs?

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u. s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.