The April 9, 2015, price quotation for a call option on LTD stock with a strike price of $74 and due to expire in December is $26.80, while the LTD stock price is $75.80. The premium on one LTD December 74 call contract is .

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.