Peterson photoshop sold $1,400 in gift cards on a special promotion on october 15, 2018, and sold $2,100 in gift cards on another special promotion on november 15, 2018. of the cards sold in october, $140 were redeemed in october, $350 in november, and $420 in december. of the cards sold in november, $210 were redeemed in november and $490 were redeemed in december. peterson views the probability of redemption of a gift card as remote if the card has not been redeemed within two months. at 12/31/2018, peterson would show an deferred revenue account for the gift cards with a balance of:

$0
$1,890
$1,400
$2,100

Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding