During the current year, the town of falmouth had a number of transactions that affected net position of its town skating rink, which is operated as an enterprise fund. you are provided with the following information:
the beginning net position balances are net investment in capital assets, $679,800; restricted, $0; and unrestricted, $1,354,692.
net income for the year was $162,759.
depreciation expense totaled $54,000.
a piece of equipment with a carrying value of $26,100 was sold for $25,000.
bonds for $500,000 were issued to construct a concession stand at the rink. at the end of the year, the concession stand was 50 percent complete, and construction work in progress totaled $248,000.
a $15,000 principal payment was made on a lease obligation.
a new zamboni ice resurfacing machine was purchased for $250,000. at the end of the year, a $30,000 note associated with the machine remains outstanding.
required
prepare the net position section of falmouth's current year statement of net position.

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."

How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b