Bill amends, owner of larkspur estate inc., buys and sells commercial properties. recently, he sold land for $3,270,000 to the blackhawk group, a developer that plans to build a new shopping mall. in addition to the $3,270,000 sales price, blackhawk group agrees to pay larkspur estate inc. 1% of the retail sales of the mall for 10 years. blackhawk estimates that retail sales in a typical mall project is $1,060,000 a year. given the substantial increase in online sales that are occurring in the retail market, bill had originally indicated that he would prefer a higher price for the land instead of the 1% royalty arrangement and suggested a price of $3,496,000. however, blackhawk would not agree to those terms. what is the transaction price for the land and related royalty payment that larkspur estate inc. should record? transaction price

Instructions: use the following information to construct the 2000 balance sheet and income statement for carolina business machines. round all numbers to the nearest whole dollar. all numbers are in thousands of dollars. be sure to read the whole problem before you jump in and get started. at the end of 1999 the firm had $43,000 in gross fixed assets. in 2000 they purchased an additional $14,000 of fixed asset equipment. accumulated depreciation at the end of 1999 was $21,000. the depreciation expense in 2000 is $4,620. at the end of 2000 the firm had $3,000 in cash and $3,000 in accounts payable. in 2000 the firm extended a total of $9,000 in credit to a number of their customers in the form of accounts receivable. the firm generated $60,000 in sales revenue in 2000. their cost of goods sold was 60 percent of sales. they also incurred salaries and wages expense of $10,000. to date the firm has $1,000 in accrued salaries and wages. they borrowed $10,000 from their local bank to finance the $15,000 in inventory they now have on hand. the firm also has $7,120 invested in marketable securities. the firm currently has $20,000 in long-term debt outstanding and paid $2,000 in interest on their outstanding debt. over the firm's life, shareholders have put up $30,000. eighty percent of the shareholder's funds are in the form of retained earnings. the par value per share of carolina business machines stock is

Acar manufacturer uses new machines that automatically assemble an engine from parts fed to the system. the machine can regulate the speed ofassembly depending on the number of parts produced. which type of technology does this machine use? angenoem mense wat ons in matin en esta va ser elthe machine uses

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is