c. an unsuccessful movie 2. Show how the following events and transactions should appear on your personal income statement, balance sheet, and cash flow statement. a. On July 1, 200X, you receive $20,000 in gifts upon graduation from school and pay off a $10,000 student loan. MANAGING FINANCIAL HEALTH AND PERFORMANCE b. On August I, 200X, you get a job as a finance intern at General Financial Service ervices Inc. You are promised a salary of $4,000 per month, payable on the last day of eah month eS salarv and benefits showin 1. Fred's company has a defined-benefit pension plan. Suppose the plan pays a benefit equal to 1% of final salary per year of service. Fred is 40 years old and has worked for the company for 15 years. His last year's salary was $50,000 and is expected to remain so in real terms until retirement. The expected rate of inflation is 4% 11 normal retirement age is 65, the interest rate is 8%, and Fred's life expectancy is 80 what is the present value of his accrued pension benefit? t effect should his pension bencfit have on Fred's planned saving, assuming he has a 75% target replacement rate