Jordon and heidi share income equally. for the current year, the partnership net income is $40,000. jordon made withdrawals of $14,000, and heidi made withdrawals of $15,000. at the beginning of the year, the capital account balances were: jordon, capital, $40,000; heidi, capital, $58,000. jordon's capital account balance at the end of the year is (a) $54,000 (b) $46,000 (c) $74,000 (d) $68,000

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)