Power drive corporation designs and produces a line of golf equipment and golf apparel. power drive has 100,000 shares of common stock outstanding as of the beginning of 2015. power drive has the following transactions affecting stockholders' equity in 2015: march 1: issues 65,000 additional shares of $1 par value common stock for $62 per share. may 10 : repurchases 6,000 shares of treasury stock for $65 per share. june 1 : declares a cash dividend of $2.00 per share to all stockholders of record on june 15 (hint: dividends are not paid on treasury 1: pays the cash dividend declared on june 1.october 21 : reissues 3,000 shares of treasury stock purchased on may 10 for $70 per share. power drive corporation has the following beginning balances in its stockholders' equity accounts on january 1, 2015: common stock, $100,000; additional paid-in capital, $5,500,000; and retained earnings $3,000,000. net income for the year ended december 31, 2015, is $700,000required: prepare the statement of stockholders equity for power drive corporation for the year ended december 31, 2015.

a

explanation:

i know

lots of credit card rewards

answer; /// the use of a bank credit card to make purchase;

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.