Wildhorse co. sells office equipment on july 31, 2017, for $20,340 cash. the office equipment originally cost $79,190 and as of january 1, 2017, had accumulated depreciation of $38,580. depreciation for the first 7 months of 2017 is $4,080. prepare the journal entries to (a) update depreciation to july 31, 2017, and (b) record the sale of the equipment.

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach