Answer: down below
Explanation: If Ava purchased a building for her business, the cost of the building can be deducted as a business expense on her tax return. This can help reduce the amount of taxes she owes for the year. The land value, however, is not typically deductible as a business expense. It is important to consult with a tax professional to determine the specific deductions that are available in your situation.
Ava purchased a building for her business over years, rather than all at once. Hence, option C is appropriate.
What is the meaning of business?
The term "business" refers to the method of producing, acquiring, and reselling items to generate income. Additionally, it includes "any activity as well as any enterprise undertaken for profit."
An organization as well as an enterprising entity engaging in commercial, industrial, as well as a professional activities is referred to as a business. Businesses can indeed be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, but also partnerships are among the several types of businesses.
An economic institution known as a business produces and/or distributes goods and services to make money and accumulate wealth. Whatever the type of business entity, such as a sole proprietorship, a Hindu undivided family, or a partnership firm.
A business can profit from the products and services it offers. The word "business" derives from the verb "to be busy," which refers to action. It consistently functions.
Hence, option C is correct.
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Full Question:-
During the year, Ava purchased a building for her business, Ava's Dress Shop. The cost of the building, not including the land value, will be deducted:
The year it is acquired.
The year after it is acquired.
Over years, rather than all at once.
When it is no longer used in business.
What are the OSHA guidelines for reporting injuries, illnesses, and fatalities?
Answer:
(Answers may vary.)
I know that as per OSHA guidelines, I must report workplace related accidents. I would ensure I implement the following OSHA guidelines:
I will report any worker fatality within 8 hours.
I will report any amputation, loss of an eye, or hospitalization of a worker within 24 hours.
Since I have more than 10 employees, I will keep a record of any serious work-related injuries and illnesses for five years.
Explanation:
how nike meet the needs of their customers ?
Answer:
they make different shoes for different people and uses
Explanation:
and Nike sucks they use sweat shops to make their shoes
Nike meets the needs of their customers by making different shoes for different people and uses.
What is the meaning of Customers?An individual or company that buys products or services from this other company is known as a customer. Customers are important since they bring in money. Businesses would cease to exist without them.
An individual but rather a business that purchases goods or services from another company is known as a customer. Customers are crucial to businesses because they generate income; without them, they would cease to exist.
Customers will have a positive opinion of you if you listen to them, recognize their requirements, thank them, and foster a welcoming, helpful environment. A satisfied client is more likely to make repeat visits and spend more money. They might also recommend others to your company.
The market and indeed the product exists for their benefit, and they are also the ones to whom the value is now being created. When a company sells its products as a component in some other company's product, this can be a bit complicated. The creator of the product in this instance is the main client.
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what was the key to getting support for converting from petroleum to synthetic lubricants?
Demonstrating superior performance, R&D, strategic partnerships, and emphasizing environmental benefits were key to gaining support for the transition to synthetic lubricants.
In order to gain support for converting from petroleum to synthetic lubricants, several key factors played a significant role.
One key factor was the ability to demonstrate the benefits and advantages of synthetic lubricants over petroleum-based alternatives. Synthetic lubricants offer superior performance, including improved viscosity index, thermal stability, oxidation resistance, and better lubricating properties at extreme temperatures.
By highlighting these advantages, companies could persuade stakeholders, such as manufacturers, fleet operators, and consumers, to embrace the switch.
Additionally, conducting comprehensive research and development to continually improve synthetic lubricant technology was crucial. This allowed manufacturers to address any initial skepticism, build confidence in the product, and showcase its long-term value and reliability.
Proven performance through testing and case studies played a vital role in convincing potential users and gaining their support.
Moreover, establishing strategic partnerships with industry leaders, including automotive manufacturers, machinery manufacturers, and major consumers of lubricants, was instrumental in garnering support for the conversion.
Collaboration with these stakeholders helped demonstrate the compatibility of synthetic lubricants with their equipment, validate their effectiveness, and create a favorable environment for adoption.
Furthermore, educating the market about the environmental advantages of synthetic lubricants was key. Synthetic lubricants often have a lower environmental impact, reduced emissions, and increased energy efficiency compared to petroleum-based counterparts.
Emphasizing these eco-friendly aspects resonated with environmentally conscious consumers and regulatory bodies, leading to greater acceptance and support.
In summary, the key to obtaining support for converting to synthetic lubricants involved showcasing their superior performance, conducting robust research and development, forging strategic partnerships, and highlighting their environmental benefits.
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Question 33 (12 points)
Listen
Suppose that an economy is producing real GDP valued at $15.5 trillion, but the
economy's potential level of production is $18 trillion. First explain what type of
production gap this is and how unemployment will be impacted. Then explain both
how the federal government might use its three fiscal policy tools and how the
Federal Reserve would use its three traditional monetary policy tools.
The type of production (or GDP) gap identified is the Negative production Gap. This is a situation where the economic output is less than the full capacity output.
How will the Negative Production Gap impact Unemployment?A negative Unemployment Gap always translates to low growth and further shortfall in output and increasing rates of unemployment.
Three fiscal policy tools that can be used to tackle this situation are:
The above tools are expansionary in nature. They have the effects of stimulating aggregate demand hence causing an expansion in production and reducing unemployment.
The three monetary tools that can be used to combat the above situation are:
Open Market Operations such as buying back government bonds;Reduced discount rates which increase money supply; andReducing reserve ratio are all expansionary. They will increase the money supply and stimulate aggregate demand.Learn more about Negative Production Gap at:
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factor under economic environment that positively affect the business
A stable economy, low inflation and interest rates, a skilled and educated workforce, and supportive government policy and regulation are key factors that positively affect businesses in an economic environment.
The economic environment plays a crucial role in shaping the success or failure of any business. There are several factors that can positively impact a business in an economic environment. The first factor is a stable economy. A stable economy ensures that there is a steady demand for goods and services and a reliable market for businesses to operate in. This allows businesses to plan for the future, invest in growth, and create jobs.
Another important factor is low inflation and interest rates. When inflation and interest rates are low, businesses can borrow money at a lower cost, which increases their capacity to invest in their business. This means that businesses can expand their operations, hire more workers, and ultimately increase profits.
A third factor is a skilled and educated workforce. A skilled and educated workforce is essential to the success of any business as it enables them to compete in a global market and innovate to keep up with technological advancements. This also helps in reducing the cost of training and development of employees.
Lastly, a supportive government policy and regulation can positively affect the business environment. This includes incentives such as tax breaks, subsidies, and grants, which can help businesses grow and expand. Additionally, regulations that protect consumers and ensure fair competition can increase consumer trust and foster a positive business environment.
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Where do you get job applications ?
Answer:
well its hard but you can apply trough online or go so where they are hiring most likely they will tell you to apply trough online because of everything that is happening but anyways i wish you the best and good luck!!:)
Explanation:
Applicants either receive paper job applications from an employer or print them out from an online source to mail to an employer once completed.
An applicant is a job seeker who has submitted an application or a resume in response to a job posting. Candidate refers to the applicant who passed the screening and satisfies the position's requirements. Any person who meets the definition of "marginalized" or "disadvantaged" as stated in Section 12 of the Legal Services Authority, Act of 1987, is considered an applicant.
"Applicant" in the context of patent applications essentially refers to the owner. A person (or business, also known as a "juristic person") who is eligible to file for a patent is referred to as a "patent applicant," or patent owner.
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Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $78, and the book value per share is $9. The company also has two bond issues outstanding. The first bond issue has a face value of $115 million, a coupon rate of 7 percent, and sells for 93 percent of par. The second issue has a face value of $100 million, a coupon rate of 6 percent, and sells for 105 percent of par. The first issue matures in 21 years, the second in 8 years. Both bonds make semiannual coupon payments. a. What are the company's capital structure weights on a book value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.) b. What are the company’s capital structure weights on a market value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
Answer:
Book value weight of equity is 0.2007
Book value weight of debt is 0.7993
Market value weight of equity is 0.6883
Market value weight of debt is 0.3117
Explanation:
The book value of the two bonds=$115 million+$100 million=$215 million
The book value of equity =6 million *$9=$54 million
weight of debt=$215/($215+$54)= 0.7993
weight of equity=$54/($215+$54)= 0.2007
Market value approach:
market value of equity=6 million*$78=$468 million
market of the first bond=$115 million*93%=$106.95 million
market value of the second bond=$100 million*105%=$105 million
total market value of bonds=$106.95 million+$105 million=$ 211.95 million
weight of debt=$211.95/($211.95+$468 )= 0.3117
weight of equity=$468/($211.95+$468 )= 0.6883
1. Do you think the United States is ethically required to respond to epidemics and other health crises in foreign countries? Why or why not?
Answer:
yes it is because United States has always been a health crises foreign country
On average, OCP receives 15 jobs per hour consisting of 50 percent standard, 30 percent deluxe, and 20 percent pro.
(a) How many jobs will arrive per hour at each station?
OCP receives 7.5 standard jobs, 4.5 deluxe jobs, and 3 pro jobs per hour at each station on average.
To solve this problem, we first need to calculate the number of standard, deluxe, and pro jobs that arrive per hour at OCP.
Given that OCP receives 15 jobs per hour consisting of 50% standard, 30% deluxe, and 20% pro, we can calculate the number of each type of job using percentages:
Number of standard jobs = 0.5 * 15 = 7.5
Number of deluxe jobs = 0.3 * 15 = 4.5
Number of pro jobs = 0.2 * 15 = 3
Therefore, on average, OCP receives 7.5 standard jobs, 4.5 deluxe jobs, and 3 pro jobs per hour.
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characteristics of insurance that distinguish insurance contracts from other general contract
Answer:
When attempting to get a better understanding of insurance, there are four unique characteristics that need to be done and they are conditional, unilateral, adhesion, and aleatory.
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
why do you think p2p apps have become so popular?
P2P payment apps are popular in the U.S. because they make the exchange of money easy. Nearly half (46%) of smartphone owners say they regularly use peer-to-peer payment apps. These apps offer convenience and flexibility when it comes to making payments.
The volatility of the market portfolio is 10% and it has an expected return of 8%. The risk-free rate is 3%. calculate the beta of the portfolio.
Answer: 0.82466
Explanation:
You did not give the other information required to solve the question but here are some information that was gottten.
Portfolio Weight
HCE Corp = 0.25
Green Miget = 0.31
Alive and Well = 0.44
Volatility
HCE Corp = 10%
Green Miget = 27%
Alive and Well = 14%
Correlation with the Market Portfolio
HCE Corp = 0.43
Green Miget = 0.54
Alive and Well = 0.43
Beta of HCE Corp = (0.43 × 0.10)/0.10
= 0.43
Beta of Green Miget = (0.54 × 0.27)/0.10
= 1.458
Beta of Alive and Well
= (0.43 × 0.14 ) /0.10
= 0.602
The beta of the portfolio will then be calculated as the portfolio Weight multiplied by the beta of very stick and this will be
= (0.25 × 0.43) + (0.31 × 1.458) + (0.44 × 0.602)
= 0.1075 + 0.45198 + 0.26488
= 0.82436
Chris and his registered domestic partner (RDP), who are domiciled in California and are not permanently separated, buy a bond. The bond earns $500 interest during the year. What amount of interest must Chris report on his tax return if he files separately
Answer:
$250
Explanation:
When two individuals buy an asset together they own 50% of that asset and 50% of the overall interest generated by that asset. That being said, if Chris files his taxes seperately then he must report $250 in his tax return. This would be half of the total interest that the bond generated during the year which is what is owned by Chris while the other half of that interest is owned by his registered domestic partner.
Calculate your month 1 expenses by adding the contents of column 8, your month 1 expenses. What is the total amount?
The total amount after adding month 1st expenses in the 8th column is 53,900$.
How to find?Lets add all the values in column 8-
= 2000+3000+3500+3250+4700+5575+6500+7500+8375+9500
= 53,900$
Hence, the total amount is 53,900$.
What are those expenses, exactly?Wages, salaries, repairs, rent, and depreciation are all examples of expenses. Profits are calculated by subtracting expenses from revenue. To lessen the tax burden and increase profits, businesses are permitted to deduct certain costs from taxes.
What are costs and expenses?Expenses are ongoing payments, whereas costs are one-time payments. Cost typically appears on the balance sheet, whereas expense appears on the profit and loss statement.
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A broker's listing agreement with a seller states that 4 ½ % is to be paid on the sales price as commission. The associate lists and sells the property for $450,000 earning the full commission. The broker has specified that the associate receives 55% of the total commission. earned. How much will the associate be paid on this sale?
The associate be paid on this sale $11,137.50. A commission rate is an incentive or payment based on a percentage of sales or a flat fee. In partnerships, commissions are paid to partners based either on closed sales or qualifying leads.
Given
Sales Price = $450,000
Commission Rate = 4.5%
Calculate the total commission earned:
Total Commission = Sales Price * Commission Rate
Total Commission = $450,000 * 4.5% = $20,250
Associate's Percentage Share = 55% of Total Commission
Requires to calculate the associate's share of the commission:
Associate Commission = Total Commission * Associate's Percentage Share
Associate Commission = $20,250 * 55% = $11,137.50
Thus, the share price of the associate to be paid on this sale is $11,137.50.
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A company’s year end unadjusted trial balance shows account receivable of 103,000 allowance for doubtful accounts of $640(credit) and sales of $320000. Uncollectibles are estimated to be 1.50% of accounts receivable.
Prepare the December 31 year end adjusting entry for uncollectible
What amount would have been used in the year end adjusting entry if the allowance account had a year end unadjusted debit balance of 500?
$905 is the amount of the journal entry.
year-end adjusting entry will have the amount of $2045
What is a trial balance?Business uses a trial balance, which is a summary of credit and debit values, to internally evaluate their dual bookkeeping.
The journal entry will be written as
Bad best account debited by 905
Allowance for doubtful debts will be also credited by 905.
The amount is calculated as
= 103000 * 1.50% - 640
= 4905
The amount which will be used at the end to create an adjusted account balance will be with respect to the 2045 amount. The journal entry will be
Bad debt expenses account debited to 2045
to the allowance for doubtful debt credited to 2045
The amount is calculated as
= 103000 * 1.505 + 500
= 2045
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Warner Company's year-end unadjusted trial balance shows accounts receivable of $103,000, allowance for doubtful accounts of $640 (credit), and sales of $320,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles View transaction list Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $500? Amount used in the year and adjusting entry
Warner Company's year-end unadjusted trial balance shows accounts receivable of $103,000, allowance for doubtful accounts of $640 (credit), and sales of $320,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles View transaction list Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $500? Amount used in the year and adjusting entry
As a teenager, Enrique learned a valuable lesson from his dad, who told him to invest $1,000 at 8 percent interest at age 20 and leave the money alone until age 65. Enrique's dad knew that one strategy used by wealthy people is to exercise self-discipline and never touch a long-term savings plan. Enrique is happy to apply his dad's advice. If his savings account earns a more aggressive 14 percent annual rate of return, Enrique's savings will be worth approximately ________ more by age 68.
Answer: $538,806.50
Explanation:
This question is a compound interest question. If the savings increased at 14% per year then the amount when he is 68 will be;
Future Value = Present Value * ( 1 + Interest Rate ) ^ Years
Years = 68 - 20
= 48
Future Value = 1,000 ( 1 + 14%) ^ 48
= 1,000 * 538.8065
= $538,806.50
9-13. LinkedIn targets a specific demographic: working professionals. They tend to be older and better educated. Why might advertisers be more interested in this group over others?
Answer:
Explanation:
Theme 3: Education ... most engaged, and you can reach a professional ... people that are most relevant for your content goals and your business.
Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.
Receipts from customers $279,247
Payments for property, plant & equipment $42,310
Interest paid $4,231
Proceeds from issue shares $25,836
Payments to supplier and employees $220,013
Repayment of borrowings $53,331
GST paid $16,924
Payments for motor vehicle $37,985
Interest received $6,770
Select one:
$61,773
$44,849
$55,345
$49,080
Short-term notes payable: Rarely involve interest charges. Are a conditional promise to pay. Can be issued in return for money borrowed from a bank. Are not negotiable. Cannot replace an account payable.
Answer: Can be issued in return for money borrowed from a bank.
Explanation:
Short term notes payable are liabilities issued by a company indicating that they have an obligation to pay a certain amount (including interest) within the a year which makes it a current liability.
It can be issued in lieu of money borrowed from a bank as well as an accounts payable.
A purchase return refers to merchandise a
(buyer/seller) has
purchased but then returns to the
(buyer/seller) for a refund of
the purchase price or reduction in the amount owed.
A purchase return refers to merchandise a buyer has purchased but then returns to the seller for a refund of the purchase price or reduction in the amount owed.
What is a refund?"Refund" is the term used to describe the amount received in exchange for either returning the product or exchanging the damaged product.
In the case of a purchase return, when a buyer decides to return the merchandise to the seller, ask for a refund, which can be the purchase price or a reduction in the amount owed on the bill.
Therefore, a refund is an amount that comes under the purchase return and that happens between a buyer and a seller in exchange for the goods or return of the goods.
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A new firm, POINT BLANK, Co expects to generate Sales of $131,300. POINT BLANK has variable costs of $79,900, and fixed costs of $20,400. The per-year depreciation is $4,700 and the tax rate is 34 percent. Given this info: What is the annual operating cash flow?
Answer:
Variable costs are 55% of sales, depreciation on the equipment to produce the new board will be $2,150,000 per year, and fixed costs are $3,200,000 per year.
Explanation:
Variable costs are 55% of sales, depreciation on the equipment to produce the new board will be $2,150,000 per year, and fixed costs are $3,200,000 per year.
Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?
Answer:
C. Corporation- partnership - Sole Proprietorship
Explanation:
Corporation- partnership—Sole Proprietorship is the diagram arranges the types of business organizations from the most complicated to start to the least complicated to start. Hence, option C is correct.
What is partnership?Partnership is the deal between the two person or party to start the business, partnership can be legally registered or can also start without the partnership agreement.
In partnership the investment is invested by both the partners that and the profit and loss is divided into equally.
Thus, option C is correct.
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Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
A customer buys 1,000 shares of XYZ at $60 in a margin account, regular way settlement. Two days after the trade, XYZ has dropped to $40. The minimum maintenance margin requirement is:
Answer:
$10,000
Explanation:
A customer buys 1,000 shares of XYZ
The shares are bought at $60 in a margin account
Two days after the price of XYZ drops to $40
The first step is to calculate the current market value
= 1,000 shares×$40
= $40,000
Therefore, the minimum maintenance margin requirement can be calculated as follows
= 25/100 × current market value
= 25/100 × 40,000
= 0.25×40,000
= $10,000
Hence the minimum maintenance margin requirement is $10,000
Identify the information that the current Generally Accepted Accounting Principles and Auditing Standards require the financial statements of an entity to show for the reporting period:_________.1. Budgeting vs actual comparisons of key balance sheet and income statement accounts2. Market value of the entity's net assets3. Number of people employed by the entity4. Investments by and distribution to owners (ex: stockholders) during the period5. Financial Position at the end of the period6. Cash flows during the period7. Earnings for the period
Answer:
4. Investments by and distribution to owners (ex: stockholders) during the period.
5. Financial Position at the end of the period.
6. Cash flows during the period.
7. Earnings for the period.
Explanation:
The information that the current Generally Accepted Accounting Principles (GAAP) and Auditing Standards require the financial statements of an entity to show for the reporting period are;
1. Investments by and distribution to owners (ex: stockholders) during the period.
2. Financial Position at the end of the period.
3. Cash flows during the period.
4. Earnings for the period.
The Financial Accounting Standards Board (FASB) issued some standards, accounting principles, and procedures to be followed by public companies in the United States of America for reporting and recording statements of income, this is known as the Generally Accepted Accounting Principles (GAAP).
The GAAP is also adopted by the Securities and Exchange Commission (SEC) to measure, analyze and regulate the stock market.
I am better at my job than most of the other people who have the same job title agree or disagree
Disagreed. You cannot say that you are better at your job than others who have the same job title.
How to answer questionnaire questions?While providing the answer to a questionnaire, it is very important that a person would try to be as truthful as possible.
The reason they have to be truthful is so that they would be able to give the best answer that would be useful for the research.
In a question like this, I used disagreed because it is not possible that you have met all of the persons that have the same job description as you do.
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The activities needed to operate a business can be divided into a number of
The activities needed to operate a business can be divided into a number of three types of activities. These are operating, investing, and financing activities.
What are business activities?Business activities can be defined as kinds of activities firms conduct for achieving their purpose. It helps in generating revenues and ensuring business continuity.
The major three types of activities are operating, investing, and financing activities. Operating activities support the entity's primary purpose. Financing deals with collecting funds for financial strength and growth. Investing activities are when a business invests in long-term assets.
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During the month, Bavarian Auto Co. received $379,550 in cash and paid out $320,350 in cash. a. Does this information indicate that Bavarian Auto Co. had net income of $59,200 during the month? No
Net income is ✓ the net change in all assets and liabilities from operating (revenue and expense) transactions.
b. If the balance of the cash account is $85,800 at the end of the month, what was the cash balance at the beginning of the month?
Answer:
No, $59,200 shows only the change in the net cash not in the net income.
The beginning cash balance for the month is $26,600.
Explanation:
a. When the difference of the cash received that is $379,550 and cash paid that is $320,350 is taken it shows only the net change in the cash balance that is $59,200, irrespective of the net income, as this might or might not include some of the revenues or expenses which are in the cash form.
b. When the ending cash balance is $85,800, and the net cash changes is $59,200; then the beginning cash balance will the difference of the ending cash balance and the net cash changes; this will amount to $26,600.