What Is the Net Effect on Net Income as a Result

question 77

Multiple Choice

What is the net effect on net income as a result of consolidating adjustments made in 2017 with respect to the equipment transfer?

• A) Increase net income by $2,000.
• B) Decrease net income by $12,000.
• C) Decrease net income by $10,000.
• D) Decrease net income by $14,000.
• E) Increase net income by $10,000.

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Definitions:

Prostitutes

Individuals who engage in sexual activity with others in exchange for money or other forms of compensation.

Coprophilia

A paraphilia involving sexual arousal and pleasure from feces.

Feces

Waste matter expelled from the bowels after food has been digested; also known as stool.

Zoophilia

A paraphilia involving a sexual fixation on non-human animals.