Jeremy purchases a share in a company. What rights does he possess after the purchase? Jeremy is a (bond issuer, shareholder, or security?) of the company. Therefore, he gets the right to be a partial (employee, owner or supplier?). This means when board members declare dividends, he is entitled to (income, promotion or pay hike?). He has the right to (store, supply or sell?) these shares whenever he wants. He can also look into the company's annual reports and sue for discrepancies.

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: