"se the following information for Taco Swell, Inc., (assume the tax rate is 22 percent): 2017 2018 Sales $ 18,573 $ 17,136 Depreciation 1,801 1,876 Cost of goods sold 4,679 4,847 Other expenses 1,016 894 Interest 865 996 Cash 6,277 6,886 Accounts receivable 8,180 9,847 Short-term notes payable 1,310 1,287 Long-term debt 20,740 24,986 Net fixed assets 51,196 54,693 Accounts payable 4,608 5,064 Inventory 14,521 15,428 Dividends 1,650 1,758 Prepare a balance sheet for this company for 2017 and 2018. (Do not round intermediate calculations.)"

The mccolls have made an offer on a new home. the home is new construction and scheduled to be completed by the end of the year. they provide a purchase deposit--a check in the amount of $40,000--to their agent, suzette. suzette, at the broker's direction, deposits the earnest money in the broker's trust fund account within two business days of receipt of the funds. did suzette follow the proper procedures? a. no, the check should not have been cashed. if a check is used as an earnest money deposit, it is to be held until acceptance of the offer. the seller must also be informed the buyer's check is being held and not negotiated. b. yes, suzette deposited the earnest money in the broker's trust fund account as directed. she also deposited the check within three business days of receipt. unless there were written instructions to hold the check until acceptance of the offer, the check may be cashed. c. no, suzette needed to deposit the earnest money in the broker's trust fund account within two days of receipt, not necessarily two business days. d. both a and c