The Following Information Was Drawn from Empire's 2012 and 2011Year $\begin{array}{|l|l|l|}\hline &2014&2013\\\hline \text { Investment securities} & \$ 105,000 & \$ 112,500 \\\hline\end{array}$

question 5

Multiple Choice

The following information was drawn from Empire's 2012 and 2011Year 2 and Year 1 year-end balance sheets. $\begin{array}{|l|l|l|}\hline &2014&2013\\\hline \text { Investment securities} & \$ 105,000 & \$ 112,500 \\\hline\end{array}$ Empire incurred a $1,500 loss on the sale of investment securities during 2014Year 2.No investment securities were purchased during Year 2.Based on this information alone,what is the amount of cash that was collected from the sale of securities?

• A) $7,500
• B) $6,000
• C) $9,000
• D) $1,500

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Definitions:

Skeletal Adaptations

Changes in the skeletal structure that occur over time to help an organism better survive in its environment.

Four-Legged Walkers

Animals that use all four limbs to support their movement across a substrate, showcasing a quadrupedal mode of locomotion.

Land Dwellers

Organisms that live predominantly or entirely on land as opposed to in the water or air.

Notochord

A flexible rod-like structure in the embryos of all chordates, providing skeletal support and defining the primitive axis of the body.