Bon nebo co. sold 25,000 annual subscriptions of magazine 2018 for $85 during december 2018. these new subscribers will receive monthly issues, beginning in january 2019. in addition, the business had taxable income of $840,000 during the first calendar quarter of 2019. the federal tax rate is 40%. a quarterly tax payment will be made on april 12, 2019. prepare the current liabilities section of the balance sheet for bon nebo co. on march 31, 20y9.

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.