Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported the market value of the land to be $91,783. The Focus Company initially offered to buy the land for $108,128. The companies settled on a purchase price of $212,000. On the same day, another piece of land on the same block sold for $103,023. Under the cost principle, at what amount should the land be recorded in the accounting records of Focus Company

Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. she will invest in a mutual fund that's expected to provide a return of 7.5% per year. she plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. under these assumptions, how much can she spend each year after she retires? her first withdrawal will be made at the end of her first retirement year.