Say a real estate office handles 50 apartment units. when the rent is $600 per month, all the units are occupied. however, for each $40 increase in rent, one unit becomes vacant. moreover, each occupied unit requires an average of $27 per month for maintenance. how many units should be rented to maximize the profit?

Dakota company experienced the following events during 2016. 1. acquired $30,000 cash from the issue of common stock. 2. paid $12,000 cash to purchase land. 3. borrowed $10,000 cash. 4. provided services for $20,000 cash. 5. paid $1,000 cash for utilities expense. 6. paid $15,000 cash for other operating expenses. 7. paid a $2,000 cash dividend to the stockholders. 8. determined that the market value of the land purchased in event 2 is now $12,700