Innovations camera co. sold equipment with a cost of $ 18,000 and accumulated depreciation of $ 9,000 for an amount that resulted in a gain of $ 5,000. what amount should innovations report on the statement of cash flows as "proceeds from sale of plant assets"?

$14,000

Explanation:

Data provided in the question:

Cost of the equipment sold = $18,000

Accumulated depreciation = $9,000

Gain from the sales of equipment = $5,000

Now,

Proceeds from sale of plant assets = Book value + Gain

also,

Book value = Cost of the equipment - Accumulated depreciation

= $18,000 - $9,000

= $9,000

Therefore,

Proceeds from sale of plant assets = $9,000 + $5,000

= $14,000

the correct answer for apex is “ doubling a recipe and figuring out how many cups of paint to use are both examples of using math skills”.

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.