Rivendell corporation uses the accrual method of accounting and has the following assets as of the end of 2018. rivendell converted to an s corporation on january 1, 2019. (leave no answer blank. enter zero if applicable.) adjusted asset basis fmv cash $ 46,000 $ 46,000 accounts receivable 36,000 36,000 inventory 139,000 63,000 land 112,000 140,000 totals $ 333,000 $ 285,000 b. assuming the land was valued at $224,000, what would be rivendell’s net unrealized gain at the time it converted to an s corporation?

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

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