The following data are for a series of increasingly extensive flood-control projects. total cost per year total benefit per year plan a = levees $10,000 $16,000 plan b = small reservoir 24,000 36,000 plan c = medium reservoir 44,000 52,000 plan d = large reservoir 72,000 64,000 plan c entails multiple choice marginal benefits in excess of marginal costs. fewer spillovers than either plan a or plan b. an overallocation of resources to flood control. an underallocation of resources to flood control.

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31