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Assume the following: A company purchases a building valued for property tax purposes at $210,000, The building is acquired in exchange for 12,000 shares of

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Assume the following: A company purchases a building valued for property tax purposes at $210,000, The building is acquired in exchange for 12,000 shares of its $3 par common stock. The stock is widely traded and last sold for $15 per share. At what amount should the building be recorded? o $120,000 o $180,000 o $210,000 o $60,000 A law firm currently work a five-day week. They estimate that net income for the firm would increase by $100,000 annually if they worked half an additional day each month. The cost associated with the decision to continue the practice of a five-day work week is an example of a(n) o sunk cost. o differential revenue. o opportunity cost. o differential income

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