Click on the following icon

in order to copy its contents into a​ spreadsheet.)

Balance sheet. From the following balance sheet accounts in the popup​ window,

​,a. construct a balance sheet for 2016 and 2017.

b. list all the working capital accounts.

c. find the net working capital for the years ending 2016 and 2017.

d. calculate the change in net working capital for the year 2017.

a. construct a balance sheet for 2016 and 2017.

Complete the balance sheet for 2016 below:  ​(Round to the nearest​ dollar.)

Choose from any list or enter any number in the input fields and then click Check Answer.

A major overhaul of the Federal Tax structure was enacted at the end of 2017, effective beginning with the 2018 tax year. This assignment consists of calculations to gauge effects on situations as described.

In all cases, for this assignment, assume that the tax being calculated is for a “Married couple filing jointly” who do not itemize deductions, and have no other additions, subtractions, or any tax situations not specifically stated. Complete the table below, finding the difference between the tax due in 2016 and 2018 (all numbers should be rounded to whole dollars). When your table is complete, save this document and either submit it as an attachment via email or turn in a hard copy in class – this assignment is due no later than Monday, April 23^rd.

Up to (8) “extra credit” points will be added to your score for Current Event Assignment #2.

Comparative Earnings per Share

Lucas Company reports net income of $5,125 for the year ended December 31, 2016, its first year of operations. On January 4, 2016, Lucas issued 9,000 shares of common stock. On August 2, 2016, it issued an additional 3,000 shares of stock, resulting in 12,000 shares outstanding at year-end.

During 2017, Lucas earned net income of $16,400. It issued 2,000 additional shares of stock on March 3, 2017, and declared and issued a 2-for-1 stock split on November 3, 2017, resulting in 28,000 shares outstanding at year-end.

During 2018, Lucas earned net income of $23,520. The only common stock transaction during 2018 was a 20% stock dividend issued on July 2, 2018.

If required, round your final answers to two decimal places.

Required:

1. Compute the basic earnings per share that would be disclosed in the 2016 annual report.
   $ _____ per share
2. Compute the 2016 and 2017 comparative basic earnings per share that would be disclosed in the 2017 annual report.
   2017:   $ _____ per share
   2016:   $ _____ per share
3. Compute the 2016, 2017, and 2018 comparative basic earnings per share that would be disclosed in the 2018 annual report.
   2018:   $ _____ per share
   2017:   $ _____ per share
   2016:   $ _____ per share

Comparative Earnings per Share

Lucas Company reports net income of $5,125 for the year ended December 31, 2016, its first year of operations. On January 4, 2016, Lucas issued 9,000 shares of common stock. On August 2, 2016, it issued an additional 3,000 shares of stock, resulting in 12,000 shares outstanding at year-end.

During 2017, Lucas earned net income of $16,400. It issued 2,000 additional shares of stock on March 3, 2017, and declared and issued a 2-for-1 stock split on November 3, 2017, resulting in 28,000 shares outstanding at year-end.

During 2018, Lucas earned net income of $23,520. The only common stock transaction during 2018 was a 20% stock dividend issued on July 2, 2018.

If required, round your final answers to two decimal places.

Required:

1. Compute the basic earnings per share that would be disclosed in the 2016 annual report.
   $  per share
2. Compute the 2016 and 2017 comparative basic earnings per share that would be disclosed in the 2017 annual report.
   2017:   $  per share
   2016:   $  per share
3. Compute the 2016, 2017, and 2018 comparative basic earnings per share that would be disclosed in the 2018 annual report.
   2018:   $  per share
   2017:   $  per share
   2016:   $  per share

Convert this java code from hashmap into arraylist.
import java.io.*;
import java.util.*;

public class Solution {

        public static void main(String[] args) throws IOException {

                Scanner sc = new Scanner(System.in);
                HashMap labs = new HashMap();

                while (true) {
                        System.out.println("Choose operation : ");
                        System.out.println("1. Create a Lab");
                        System.out.println("2. Modify a Lab");
                        System.out.println("3. Delete a Lab");
                        System.out.println("4. Assign a pc to a Lab");
                        System.out.println("5. Remove a pc from a Lab");
                        System.out.println("6. Quit");

                        int choice = sc.nextInt();
                        String name=sc.nextLine();
                        switch (choice) {
                        case 1:
                                System.out.println("Enter Lab name (i.e. LAB A or LAB B) : ");
                                name = sc.nextLine();
                                labs.put(name, new Lab(name));
                                break;
                        case 2:
                                System.out.println("Enter name of lab to modify : ");
                                name = sc.nextLine();
                                
                                if (labs.containsKey(name)) {
                                        System.out.println("Enter new name to modify : ");
                                        String name2 = sc.nextLine();
                                        Lab lab = labs.get(name);
                                        labs.remove(name);
                                        labs.put(name2, lab);
                                } else {
                                        System.out.println("Invalid name");
                                }

                                break;
                        case 3:
                                System.out.println("Enter name of lab to delete : ");
                                name = sc.nextLine();
                                if (labs.containsKey(name)) {
                                        Lab lab = labs.get(name);
                                        System.out.println("Total pc in this lab are : " + lab.pc_count);
                                        labs.remove(name);
                                } else {
                                        System.out.println("Invalid name");
                                }
                                break;
                        case 4:
                                System.out.println("Enter name of lab to assign a pc : ");
                                name = sc.nextLine();
                                if (labs.containsKey(name)) {
                                        if (labs.get(name).pc_count >= 50) {
                                                System.out.println("cannot assign more pc");
                                        } else {
                                                labs.get(name).pc_count++;
                                        }
                                } else {
                                        System.out.println("Invalid name");
                                }
                                break;
                        case 5:
                                System.out.println("Enter name of lab to assign a pc : ");
                                name = sc.nextLine();
                                if (labs.containsKey(name)) {
                                        if (labs.get(name).pc_count <= 0) {
                                                System.out.println("cannot remove pc");
                                        } else {
                                                labs.get(name).pc_count--;
                                        }
                                } else {
                                        System.out.println("Invalid name");
                                }
                                break;
                        case 6:
                                return;
                        default:
                                System.out.println("Invalid choice choose again.");
                                break;
                        }
                }

        }

        static class Lab {
                String name;
                int pc_count;

                Lab(String name) {
                        this.name = name;
                        pc_count = 0;
                }
        }
}

Wildhorse Company has provided information on intangible assets as follows.

● Wildhorse incurred research and development costs in 2017 as follows.

Wildhorse estimates that these costs will be recouped by December 31, 2020. The materials and equipment purchased have no alternative uses.

● A patent was purchased from Sandhill Company for $810,000 on January 1, 2016. Wildhorse estimated the remaining useful life of the patent to be 10 years. The patent was carried in Sandhill’s accounting records at a net book value of $1,790,000 when Sandhill sold it to Wildhorse.

● During 2017, a franchise was purchased from Clinton Company for $371,000. In addition, 5% of revenue from the franchise must be paid to Clinton. Revenue from the franchise for 2017 was $1,240,000. Wildhorse estimates the useful life of the franchise to be 10 years and takes a full year’s amortization in the year of purchase.

● On January 1, 2017, because of recent events in the field, Wildhorse estimates that the remaining life of the patent purchased on January 1, 2016, is only 5 years from January 1, 2017.

Prepare a schedule showing the intangibles section of Wildhorse’s balance sheet at December 31, 2017. (Enter account name only and do not provide descriptive information.)

eTextbook and Media

List of Accounts

Prepare a schedule showing the income statement effect (related to expenses) for the year ended December 31, 2017, as a result of the facts above. (Enter account name only and do not provide descriptive information.)

Question 4

StorageTek Corporation gathered the following information from its accounting records for the year ended December 31, 2016, prior to adjustment:

•     Net credit sales for the year = $1,150,000
•     Accounts Receivable (Dec 31, 2016) = $93,000
•     Allowance for Uncollectible Accounts, prior to adjustment (Dec 31, 2016) = $6,000 debit balance
•     StorageTek Corporation uses the allowance method of accounting for bad debts and estimates

bad debts at 3% of net credit sales.

1.    Prepare the adjusting entry on December 31, 2016.
2.    Determine the balance in the Allowance for Uncollectible Accounts account after the adjusting

entry is recorded.

3.    Show how the receivables would be reported on the December 31, 2016, Balance Sheet for

Storage Tek Corporation.

On January 4, 2016, Spandella Company purchased 168,000 shares of Filington Company directly from one of the founders for a price of $27 per share. Filington has 560,000 shares outstanding, including the shares acquired by Spandella Company. On July 2, 2016, Filington paid $717,000 in total dividends to its shareholders. On December 31, 2016, Filington reported a net income of $963,000 for the year. Spandella uses the equity method in accounting for its investment in Filington.

Required: