Senior Life Co. is an HMO for businesses in the Portland area. The following account balances appear on the balance sheet of Senior Life Co.: Common stock (450,000 shares authorized; 6,000 shares issued), $50 par, $300,000; Paid-In Capital in excess of par— common stock, $30,000; and Retained earnings, $2,700,000. The board of directors declared a 1% stock dividend when the market price of the stock was $63 a share. Senior Life Co. reported no income or loss for the current year.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions