During the year, a wealthy local merchant donated a building to the city of rosewood. the original cost of the building was $300,000. accumulated depreciation at the date of the gift amounted to $250,000. the appraised fair market value of the donation at the date of the gift was $600,000, of which $40,000 was the value of the land on which the building was situated. atwhat amount should this contribution be recorded in the governmental activities accounts at thegovernment-wide level?
a.$0.
b.$600,000.
c.$50,000.
d.$300,000.

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?

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How can a company salesperson with product development