Hazelton Corporation uses a periodic inventory system and the LIFO method to value its inventory. The company began 2018 with $69,000 in inventory of its only product. The beginning inventory consisted of the following layers:4,500 units at $6 per unit $ 27,000 6,000 units at $7 per unit 42,000 Total $ 69,000 During 2018, 6,500 units were purchased at $8 per unit and during 2019, 8,000 units were purchased at $9 per unit. Sales, in units, were 8,000 and 14,000 during 2018 and 2019, respectively. Required:1. Calculate cost of goods sold for 2018 and 2019.2. Disregarding income tax, determine the LIFO liquidation profit or loss, if any, for 2018 and 2019.

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

Suppose that the free states of eldricia, a small nation, has consumption, investment, government purchases, imports, and exports as follows. consumption $140 investment $50 government purchases $45 imports $30 exports $15 calculate the free states of eldricia's gdp

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots