In 2021, internal auditors discovered that Fay, Inc., had debited an expense account for the $1,740,000 cost of a machine purchased on January 1, 2018. The machine's useful life was expected to be 12 years with no residual value. Straight-line depreciation is used by Fay. The journal entry to correct the error will include a credit to accumulated depreciation of: Multiple Choice $290,000. $435,000. $1,740,000. $145,000.

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.

Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)