On January 1, 2018, Winn Heat Transfer leased office space under a three year operating lease agreement. The arrangement specified three annual rent payments of $90,000 each, beginning December 31, 2018, and at each December 31 through 2020. The lessor, HVAC Leasing calculates lease payments based on an annual interest rate of 8%. Winn also paid a $300,000 advance payment at the beginning of the lease in addition to the first $90,000 rent payment. With permission of the owner, Winn made structural modifications to the building before occupying the space at a cost of $390,000. The useful life of the building and the structural modifications were estimated to be 30 years with no residual value.

1. Record the beginning of the lease Jan 2018

2. Record the lease payment Jan 2018

3. Record the lease and interest payment Dec 2018

4.Record the amortization of the right to use asset Dec 2018

5.Record the depreciation expense for Winn 2018

6.Record the lease and interest payment 2019

7. Record the amortization of the right to use asset Dec 2019

8. Record the depreciation expense for Winn 2019

9.Record the lease and interest payment 2020

10. Record the amortization of the right to use asset Dec 2020

11. Record the depreciation expense for Winn 2020

Corning-Howell reported taxable income in 2018 of $190 million. At December 31, 2018, the reported amount of some assets and liabilities in the financial statements differed from their tax bases as indicated below:

*Gains and losses taxable when investments are sold.

The total deferred tax asset and deferred tax liability amounts at January 1, 2018, were $260 million and $60 million, respectively. The enacted tax rate is 40% each year.

Required:
1. Determine the total deferred tax asset and deferred tax liability amounts at December 31, 2018.
2. Determine the increase (decrease) in the deferred tax asset and deferred tax liability accounts at December 31, 2018.
3. Determine the income tax payable currently for the year ended December 31, 2018.
4. Prepare the journal entry to record income taxes for 2018.

On January 1, 2018, Ithaca Corp. purchases Cortland Inc. bonds that have a face value of $150,000. The Cortland bonds have a stated interest rate of 6%. Interest is paid semiannually on June 30 and December 31, and the bonds mature in 10 years. For bonds of similar risk and maturity, the market yield on particular dates is as follows (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

Required:
1. Calculate the price Ithaca would have paid for the Cortland bonds on January 1, 2018 (ignoring brokerage fees).
2. Prepare all appropriate journal entries related to the bond investment during 2018, assuming Ithaca accounts for the bonds as a held-to-maturity investment. Ithaca calculates interest revenue at the effective interest rate as of the date it purchased the bonds.
3. Prepare all appropriate journal entries related to the bond investment during 2018, assuming that Ithaca chose the fair value option when the bonds were purchased, and that Ithaca determines fair value of the bonds semiannually. Ithaca calculates interest revenue at the effective interest rate as of the date it purchased the bonds.

1. On November 30, 2017, Rocky Co. decided to dispose of a component A. The sale was not complete

at the end of 2017. During 2017, this component generated operating income of $200,000. The

historical cost of component A is $1,200,000 and the Accumulated Depreciation for component A on

December 31, 2017 was $500,000. At December 31, 2017, the fair value of component A was

estimated at $710,000 and the cost to sell component A was estimated to be $50,000. Rocky has a

30% tax rate in all years.

a) Provide the journal entry to record any impairment of Component A in 2017.

b) Provide the Discontinued Operations Section of the 2017 Multistep Income Statement.

Rocky Co. sold component A on May 17, 2018 for a sales price of $735,000 with sales commissions

of $45,000. During 2018, component A generated operating income of $100,000. Rocky’s common

shares outstanding at the end of 2017 and 2018 were 500,000 and 700,000 shares, respectively. In

2018, Rocky declared a preferred stock dividend of $30,000, but only paid $24,000 of the dividend in

2018. In 2018, Rocky declared a common stock dividend of $60,000 and only paid $40,000.

c) Provide the 2018 Partial Income Statement, starting with Income from Continuing Operations

Before Taxes of $900,000. Include the first four lines and EPS information. Good format is

required.

d) Provide the journal entry to record the disposal of Component A. GJEF is required.

2. On November 30, 2017, MoBull Co. decided to dispose of a segment B. The sale was not complete at

the end of 2017. During 2017, segment B generated operating income of $300,000. The historical

cost of segment B is $1,000,000 and the Accumulated Depreciation on segment B at 12/31/17 is

$400,000. At December 31, 2017, the fair value of segment B was estimated at $630,000 and the

cost to sell segment B was estimated to be $10,000. MoBull Co. sold segment B on May 17, 2018 for

$615,000. During 2018, segment B generated operating loss of $40,000. MoBull has a 30% tax rate

in all years.

a) Provide the journal entry to record any impairment of Segment B in 2017. If no journal entry,

justify why.

b) Provide the Discontinued Operations Section of the 2017 Multistep Income Statement.

MoBull’s common shares outstanding at the end of 2017 and 2018 were 525,000 and 475,000,

respectively. In 2018, MoBull declared a preferred stock dividend of $100,000, but only paid

$70,000 of the dividend in 2018. In 2018, MoBull declared a common stock dividend of $200,000

and paid $240,000.

c) Provide the 2018 Partial Income Statement, starting with Income from Continuing Operations of

$1,000,000. Include the first four lines and EPS information. Good format is required.

d) Provide the journal entry to record the disposal of Segment B. GJEF is required.

Walter's Inc. began operations on January 15, 2018, and had the following transactions in trading securities during 2018 and 2019:

March 1, 2018 Purchased 500 shares of Apex, Inc. common stock at $11 per share, plus a commission of $300

April 1, 2018 Purchased 1,000 shares of Basic Corp. preferred stock at $4 per share, plus a commission of $500.

June 1, 2018 Received dividends of $1 per share on the Apex stock and $2 per share on the Basic stock

December 31, 2018 Determined that the fair market values per share were $13 for the Apex sstock and $2 for the Basic stock.

February 15, 2019 Sold 500 shares of the Basic stock for $3 per share, less commissions of $200.

June 1, 2019 Received dividends of $1 per share on the Apex stock and $2 per share on the Basic stock

November 20, 2019 Purchased 800 share of Cargo, Inc. common stock for $7 per share, plus a commission of $400.

December 31, 2019 Determined that the fair market values per share were $14 for the Apex stock, $3 for the Basic stock, and $8 for the Cargo stock.

REQUIRED:

Prepare all of the journal entries required to account for Walter's transactions in the trading securities for the years 2018 and 2019.

Use the International Stock Market database from “Excel Databases.xls” on Blackboard. Use Excel to develop a multiple regression model to predict the DJIA by the Nasdaq, the S&P 500, the Nikkei, the Hang Seng, the FTSE 100, and the IPC. Performing a stepwise regression analysis at a 5% level of significance, which independent variable is the best single predictor of the DJIA? This is Step 1 of the stepwise regression.

https://drive.google.com/file/d/19TI3HId0greXS0nkmDuoITv1IMPF_TUK/view?usp=sharing

Need help tonight please.

The supervisor of data services at Reid Hospital is responsible for all databases that are maintained in the facility. It has been determined there are new organizational needs in the area of biosurveillance. The medical director requests that the supervisor of data services investigate developing a registry or database to track cases of potential bioterrorism, communicable disease outbreaks, and other unusual diseases or symptoms.

What resources should be available to the data services supervisor to help define the biosurveillance registry and how can existing registries be useful in determining data elements? What value would a biosurveillance registry provide? Explain your position.

C PROGRAMMING

1. Write a C Language inline function that computes the cube of float X, if X is greater than 1 and X is less than 100. Put the inline function in a main program that reads X from the keyboard, calls the function, and then outputs the result.

2. Show an empty statement and detail what it does?

3. A collection of predefined functions is called a

1. Database                    C) Subroutine                       E) None of these
2. Library                       D) Directive

4. T___ F___ A function should be created if the code will be used often in the program or in future programming.

3. Identify the relationships of Player and Player fields including PKs, CKs, and FDs. While using the entities and fields found in Player, create a DBDL example of tables, fields, and key fields that are in third normal form. Convert this table to an equivalent collection of tables, fields and keys that are in third normal form. Represent your exercise answers in DBDL design from the database normalization phases explained in class.Player contains information about players and their teams. Player has attributes playerId, first, last, gender, teamId, teamName, teamCity where playerId is the only CK and the FDs are: