What are examples of people creating intellectual property? Check all that apply.
Ava purchases a new car.
Carson owns a home.
Jada buys, then resells a bicycle.
Liam draws a picture.
Riley designs a logo for a company he is starting.
Makayla writes and publishes a book.
Ashton buys food at a grocery store.
Sydney invents a new style of safety collar for pets.

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: