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question 14

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[The following information applies to the questions displayed below.]
The following transactions occurred during May,the first month of operations for Hunter Products,Inc.:
* Issued 50,000 shares of capital stock to the owners of the corporation in exchange for $600,000 cash.
* Purchased a piece of land for $400,000,making a $150,000 cash down payment and signing a note payable for the balance.
* Made a $60,000 cash payment on the note payable from the purchase of land.
* Purchased equipment on credit from BBW,Inc.for $63,000.
-What is the total owners' equity at the end of May?


Definitions:

Discrimination Training

The process of reinforcing a response to a specific stimulus while not reinforcing responses to similar stimuli, thereby teaching the subject to differentiate between the stimuli.

Generalization Test Stimuli

Stimuli that are not exactly the same as the conditioned stimulus but are similar enough to elicit the conditioned response, used to test the breadth of stimulus generalization.

Behavioral Contrast

The phenomenon in which the rate of response varies according to a change in reinforcement conditions, usually in operant conditioning.

Transposition

Köhler’s idea that animals learn relationships between stimuli and that they respond to different stimuli based on the same relationship as the original training stimuli.

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