1) Robots, Inc. reports the following financial data for the year:

Gross income from sales and services 200k

Wages, cost recovery and other expenses 180k

Dividend income from at least 20% owned Corp. 40k

Net Operating Loss Carryover 20k

Capital Losses 10k

Charitable Contribution Carryover 7k

Current charitable contributions11k

a) What is Robot's charitable contribution deduction?

b) How much of the charitable contribution carryover is used up

c) What is taxable income?

d) What is the dividend received deduction?

Assume that the probability that a person is killed by coronavirus in a year is, independently, 1/(200 million). Assume that the TR population is 100 million. (5 poi. for each parts)

a. Compute P(3 or more people will be killed by coronavirus next year) exactly.

b. Approximate the probability that found in (a).

c. Approximate the probability that ONO or more people are killed by coronavirus within the first 3 months of next year.

d. Approximate the probability that in exactly 3 of next 10 years exactly 4 people are killed by coronavirus. e. Find the expected number of years, among the next 5, in which 2 or more people are killed by coronavirus.

If $30,000 is deposited in a savings account at the end of each year and the account pays interest of 5% compounded annually, what will be the balance of the account at the end of 10 years?

At the start of the current year, a company paid for the following in cash:

     Copyrights, $2,000,000

     Equipment, $25,000,000

     Goodwill, $4,500,000

     Inventory, $1,500,000

     Land, $15,000,000

     Patents, $1,500,000

     Prepaid rent, $500,000

     Research and development, $500,000

     Supplies, $4,000,000

     Trademarks, $1,000,000

It amortizes its intangibles over 10 years. Determine its current year amortization expense.

Group of answer choices

a. $950,000

b. $400,000

c. $500,000

d. $150,000

e. $350,000

2.

Based on the following year-end account balances, what amount would the company report on its balance sheet as intangible assets?

Group of answer choices

a. $12,400,000.

b. $5,000,000.

c. $10,000,000

d. $17,400,000.

e. $24,400,000.

This is the time in the year where people are encouraged to receive a vaccination for influenza (flu). Flu in humans is caused by the influenza virus of which there are several strains. Strains A and B are the most important in causing flu in humans. Since strain A has been studied more, and A and B are similar, use strain A for your answers.

How does the flu virus enter human cells? This question refers to entering individual cells rather than entering the body.

How are the viral genes expressed? How does the virus get its own genes transcribed and translated in the host cell?

How do new progeny viral particles leave the host cell?

"If $500000 is invested in a certain business at the start of the year, the investor will receive $130000 at the end of each of the next 5 years. What is the present value of this business opportunity if the interest rate is 5% per year? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."

Sale of Equipment

Equipment was acquired at the beginning of the year at a cost of $29,500. The equipment was depreciated using the double-declining-balance method based on an estimated useful life of ten years and an estimated residual value of $570.

a. What was the depreciation for the first year?
$

b. Assuming the equipment was sold at the end of year 2 for $6,820, determine the gain or loss on the sale of the equipment.
$

c. Journalize the entry to record the sale. If an amount box does not require an entry, leave it blank.

A) If $8000 is deposited at the end of each half year in an account that earns 6.8% compounded semiannually, after how many half years will the account contain $100,000? (Round your answer UP to the nearest half year.)
half years=  

B)

A young executive deposits $200 at the end of each month for 4 years into an account that earns 7.2% compounded monthly. How much is in the account after the 4 years? (Round your answer to the nearest cent).

$

The executive then changes the deposits in order to have a total of $400,000 after 25 total years. What should be the revised monthly payment in order to meet the $400,000 goal? (Round your answer to the nearest cent).

$

How much interest is earned during the 25 years?

$

Sale of Equipment Equipment was acquired at the beginning of the year at a cost of $575,000. The equipment was depreciated using the straight-line method based on an estimated useful life of 9 years and an estimated residual value of $44,745. a. What was the depreciation for the first year? Round your answer to the nearest cent. $ b. Using the rounded amount from Part a in your computation, determine the gain(loss) on the sale of the equipment, assuming it was sold at the end of year eight for $98,037. Round your answer to the nearest cent and enter as a positive amount. $ c. Journalize the entry to record the sale. If an amount box does not require an entry, leave it blank. Round your answers to the nearest cent.