March 1" . William, a financial broker, became Kris' consultant. Viezuchter paid William $100,000 in advance for his financial consultation, which would provide payment for William's financial services evenly over the next 12 months. Viezuchter expanded its garage by purchasing a neighboring garage bay for $50,000 cash (estimating the useful life of the bay at 15 years and a salvage of $5,000 at the end of its useful life) and hiring employees to accommodate its expanding clientele. Viezuchter also ordered $50,000 worth of garage supplies on credit and paid $27.000 of its outstanding payables with the vendor