The remaining basement of the store is rented for $1,600 per month to another merchant, m. carlos, inc. carlos sells compatible, but not competitive, merchandise. on november 1 of the current year, the store collected six months' rent in the amount of $9,600 in advance from carlos; it was credited in full to unearned rent revenue when collected.

George wants to collect funds to open his own bakery from his family.  he needs an accurate estimate of how much money he would require to run the bakery for at least six months.  he has to buy a shop  (costing $3,500)  and buy an oven  (costing $600).  his  start-up  costs, including various utility costs, would be  $300.  he has calculated his monthly expenses as  $250.  how much money would george require to start his business and run it for at least six months? a.  $3500b.  $5,900c.  $7,200d.  $7,400e.  $8,200its not c.7200 tried it