A change in air pollution control equipment is being explored. A baghouse filter is being considered to replace an existing electrostatic precipitator. Consider the costs and savings for the project in the following data: Cost of new baghouse filter = $250,000
Projected utility savings = $70,000/y
Time over which cost comparison should be made = 7 years
Internal hurdle rate = 7% pa.
Should the baghouse filter be purchased and installed?

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: