Ion june 30, 2011, cole inc., exchanged 3,000 shares of stone corp. $30 par value common stock for a patent owned by gore co. the stone stock was acquired in 2009 at a cost of $80,000. at the exchange date, stone common stock had a fair value of $45 per share, and the patent had a net carrying value of $160,000 on gore's books. cole should record the patent at:

Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)