On june 2, 2017, fred's tv sales sold mark a large hd tv, on account, for $12,000. fred's tv sales uses the accrual method. in 2018, when the balance on the account was $8,000, mark filed for bankruptcy. fred was notified that he could not expect to receive any of the amount owed to him. in 2019, final settlement was made and fred received $1,000. how much bad debt loss can fred deduct in 2019?
a. $7,000
b. $8,000
c. $12,000
d. $0
e. none of these choices are correct.

What sources about ecuador should you consult to obtain cultural information about this country that will need to be included in your cultural map?

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.a. after a long search, jon finds a job.b. tyrion, a full-time college student, graduates and is immediately employed.c. after an unsuccessful job search, arya gives up looking and retires.d. daenerys quits her job to become a stay-at-home mom.e. sansa has a birthday, becomes an adult, but has no interest in working.f. jaime has a birthday, becomes an adult, and starts looking for a job.g. cersei dies while enjoying retirement.h. jorah dies working long hours at the office.

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.