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Farmer Mac's Organic Plants purchased for cash a computer, printer paper, and ink on April 2 . The computer cost $ 1 , 2 0
Farmer Mac's Organic Plants purchased for cash a computer, printer paper, and ink on April The computer cost $ the paper cost $ and the ink cost $ The computer is expected to last two years and have no salvage value. At the end of the month, Farmer Mac received a bill for $ for the setup and installation of the computer that will be paid in May. The company determined it still has half of the ink and paper. Under the modified cash basis of accounting, which of the following amounts would Farmer Mac report as expense for these items during the month of April?
a $
b $
c $
d $
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