Use the Following Information for Questions

question 33

Multiple Choice

Use the following information for questions.
Financial statements for Bernard Corp.are presented below:
-The book value of the buildings and equipment at December 31, 2017 was

• A)$508,000.
• B)$520,000.
• C)$588,000.
• D)$712,000.

---

Definitions:

Travel Costs

Expenses incurred for the purpose of traveling, including transportation, accommodation, and meals.

Medical Costs

Expenses incurred for the diagnosis, cure, mitigation, treatment, or prevention of disease, and for treatments affecting any structure or function of the body.

Calculated

Determined or computed by using mathematical methods or processes to reach a numerical result.

Prescription Drugs

Medications that are legally available only with a valid prescription from a licensed healthcare provider.