As of December 31, Year 1, Moss Company had total cash of $150,000, notes payable of $85,000, and common stock of $51,800. During Year 2, Moss earned $30,000 of cash revenue, paid $17,000 for cash expenses, and paid a $2,400 cash dividend to the stockholders. a. Determine the amount of retained earnings as of December 31, year 1. b. & c. Create an accounting equation and record the beginning account balances, revenue, expense, and dividend events under the accounting equation. (Enter any decreases to account balances with a minus sign.)

At river bank, checking account customers earn 0.75% interest a month on their account balances, pay no service fees for writing checks, and pay a monthly $2.00 financial charge. calculate the income earned in one month on the checking account for a customer with an account balance of $1,000. a. $4.25 b. $5.50 c. $6.75 d. $7.25 checking account earnings at baker’s bank are expressed by the equation: i = -0.09x + 10.2. while the earnings at elite bank are modeled by: i = -0.02x + 7.5. in both cases, x is the number of checks written. at what number of checks will elite bank start generating more checking account income than baker's bank? a. 12 b. 25 c. 39 d. 42 emilio’s checking account had a balance of 728.32 at the beginning of the week. he wrote checks for the following amounts throughout the week: $99.48, $33.50, $18.23, and $72.05. he also deposited his paycheck in the amount of $1,109.90. what is his account balance at the end of the week? a. $1,192.35 b. $1,222.86 c. $1,540.52 d. $1,614.96