43. At December 31, 2010, the accounting records of Hercules Manufacturing, Inc. contain the following items: $30,000 $7,000 Accounts Payable $12,000 Accounts Receivable Land $90,000 $250,000 $135,000 Cash Building Notes Payable Retained Earnings Equipment Capital Stock 188,000 ? If total assets of Hercules Manufacturing, Inc. are $556.000. Equipment is carried in Hercules Manufacturing accounting records at: A. $377,000. B. $179,000. C. $150,000 D. $90,000. 44. The major provisions of the Sarbanes-Oxley Act of 2002 include all of the following except: A. The creation of a new agency to oversee the public accounting profession. B. Restrictions on the types of consulting services that accounting firms can provide to audit clients. C. Reducing responsibility for audit committees when overseeing the financial reporting process. D. Requiring the chief executive office and the chief financial officer to certify the accuracy of their company's financial statements. 45. From an accounting viewpoint, when is a business considered an entity separate from its owner(s)? A. Only when organized as a so le proprietorship B. Only when organized as a partnership C. Only when organized as a corporation. D. In each of the above situations, the business is an accounting entity separate from the activities of the owner(s)