Tara decides to attend the out-of-state college because they have a better math education program. The table shows the expected yearly costs of the school. A 2-column table with 5 rows. Column 1 has entries tuition, room/board, books/lab, transportation, other. Column 2 is labeled Out-of-State College costs with entries 24,500 dollars, 8,940 dollars, 1,950 dollars, 1,390 dollars, 1,800 dollars.
What will be the total costs for Tara’s first year at the out-of-state college?

Tara expects to receive about $9,500 in federal grants each year. What is the minimum amount she should expect to pay for all four years of college?

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.