The balance sheets of Palle' Company include the following: 
Instructions:
Calculate the following for 2014:
1. Cash received for interest.
2. Cash paid for supplies.
3. Cash paid for salaries and wages.
4. Cash received for service revenue.
Definitions:
Revenue Per Bushel
The amount of money generated for each bushel of a commodity sold, commonly used in agriculture.
Profits
The financial gain obtained when revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining these activities.
Farmer
A person involved in farming, cultivating live entities for consumption or base materials.
Average Variable Cost
The cost per unit produced that varies with the level of output, calculated by dividing total variable costs by the quantity of output.
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