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Sing Songs Ltd.started operations on January 1,2016.During its first year of operations,the company had a choice of accounting policies:
Assume that the company selected Accounting Option 2.Using the following information about activities for 2016-2018,derive the net income for each year:
Positive Events
Occurrences that lead to beneficial or uplifting outcomes for individuals or groups.
Aversive Events
Unpleasant or undesirable occurrences that an individual seeks to avoid or escape from.
Positive Reinforcement
A motivational strategy in which a positive stimulus is presented after a desired behavior, increasing the likelihood of future occurrences of that behavior.
Primary Reinforcer
A stimulus that meets a basic need or provides intrinsic satisfaction and therefore naturally encourages certain behaviors without the necessity of learning.
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