Dip n Dots is an American ice cream brand. Based on a $600,000 market study and a $100,000 feasibility opinion concluded last year, Dip n Dots believes it can increase its annual operating cash flow by $8,700,000 by opening new overseas locations. In preparation for the expansion, the firm spent $2,400,000 to purchase land for a new factory. However, they just received an offer of $5,000,000 for the land purchased for the new factory. Dip n Dots is now ready to make a final decision on the international expansion. Of the outlays mentioned, which are relevant for capital budgeting purposes?

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.