On June 11 of Last Year,Derrick Sold Land with a Cost

question 17

Multiple Choice

On June 11 of last year,Derrick sold land with a cost of $15,000 for $45,000.Derrick collected $20,000 last year and is scheduled to receive $5,000 each year for five years starting this year plus an acceptable rate of interest.Derrick receives the $5,000 installment required this year.Derrick's recognized gain this year is

• A)$0.
• B)$1,667.
• C)$3,333.
• D)$5,000.

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Definitions:

Hostile Environmental Harassment

A form of harassment that creates an intimidating, hostile, or offensive work environment, often based on race, sex, or ethnicity.

Sexual Jokes

Humor that involves sexual content, implications, or innuendos, often intended to provoke laughter or discomfort.

Underemployed Workers

Individuals who are working in jobs that do not utilize their skills and abilities fully or are working fewer hours than they would prefer.

Sexual Harassment

Unwanted sexual advances or obscene remarks, typically in the workplace or academic settings, which can create a hostile environment.