Tamarisk Realty Corporation purchased a tract of unimproved land for $110,000. This land was improved and subdivided into building lots at an additional cost of $68,920. These building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows. Group No. of Lots Price per Lot
1 9 $6,000
2 15 8,000
3 17 4,800

Operating expenses for the year allocated to this project total $36,400. Lots unsold at the year-end were as follows.

Group 1 5 lots
Group 2 7 lots
Group 3 2 lots

At the end of the fiscal year Tamarisk Realty Corporation instructs you to arrive at the net income realized on this operation to date.

Net income:

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

Answereconomy of purchase;