Useful Organizing Began Operations on January 1,20X3,when the Owners Invested

question 28

Multiple Choice

Useful Organizing began operations on January 1,20X3,when the owners invested $80,000 cash in the company.Also on January 1,the company paid for a $30,000 machine.The machine has a useful life of 4 years and a $2,000 residual value.During its first year of operations,the company had sales of $96,000 and operating expenses except depreciation of $67,000.All sales were cash sales and all non-depreciation operating expenses were paid in cash.Useful Organizing has a 30% tax rate and pays all taxes on December 31.What is the net cash provided by operating activities before taxes for 20X3,if Useful Organizing uses double-declining-balance depreciation?

• A)$(81,000)
• B)$(67,000)
• C)$ 14,000
• D)$ 25,000
• E)$ 29,000

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Definitions:

Dendritic Cells

Immune cells that process antigen material and present it on the cell surface to the T cells, functioning as messengers between the innate and adaptive immune systems.

Blood Typing

A method to determine an individual’s blood group, important for safe blood transfusions and understanding disease risk.

Antigens

Substances that trigger an immune response, prompting the production of antibodies by the body.

Inflammatory Response

A protective biological response of body tissues to harmful stimuli such as pathogens, damaged cells, or irritants; it is part of the immune response and involves redness, swelling, heat, and pain.