Danbury Co. has the following account balances:

Debt Investments (held to maturity until 2040) $50,000

Land held for investment of 40,000

Notes receivable (long term) 40,000

Accounts Receivable 20,000

Danbury will report long-term investments of:

a. $90.000

b. $110,000

c. $130,000

d. $150,000

2) Danbury Co. has the following account balances:

Accounts payable $10,000

Salaries and wages payable 30,000

Unearned revenue 40,000

Bonds payable 20,000

Pension liability 100,000

Danbury will report long-term liabilities of:

a. $40,000

b. $80,000

c. $120,000

d. $200,000

3) Danbury Co. has the following account balances:

Land $40,000

Buildings 40,000

Accumulated Depreciation Buildings 10,000

Land held for investment of 30,000

Goodwill 30,000

Patents 30,000

Danbury will report property, plant and equipment of:

a. $70,000

b. $80,000

c. $170,000

d. $180,000