8:Vaughn Company began the year with owner's equity of $30700. During the year, Vaughn received additional owner investments of $43300, recorded expenses of $137000, and had owner drawings $7700. If Vaughns ending owner's equity was $103000, what was the companys revenue for the year?

$168567.

$217000.

$209300.

$173700.

10:Coronado Consulting started the year with total assets of $59500 and total liabilities of $14300. During the year, the business recorded $47000 in consulting revenues and $29000 in expenses. Coronado made an additional investment of $8400 and withdrew cash of $14400 during the year. Owners equity changed by what amount from the beginning of the year to the end of the year?

$12500.

$3600.

$12000.

$42800.

13:Financial information is presented below:

Operating Expenses	$ 66000
Sales Revenue	230000
Cost of Goods Sold	134000

Gross profit would be

$164000.

$230000.

$30000.

$96000.

28:A company purchased factory equipment on April 1, 2021 for $161000. It is estimated that the equipment will have a $19000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021 is

$12075.

$10650.

$16100.

$14200.