Sanford Company owns 25% of the stock of Isabel Industries and has significant influence over Isabel. At the time Sanford acquired the Isabel stock, the fair value of Isabel's assets was the same as the book value for all assets. In 2014, Sanford received $100,000 from Isabel in dividends. Isabel reported 2014 net income of $2,000,000. At the end of 2014, the fair value of Sanford's investment in Isabel was $300,000 higher than the balance in the investment account. Required: How much will Sanford include in 2014 net income from its investment in Isabel? Ignore taxes. At the beginning of 2012, O'Brian Company started business and acquired the following assets: Actual production for the machinery was: 2012 180,000 units; 2013 220,000 units; 2014 250,000 units Required: Compute the 2014 depreciation for the truck and the machinery. Assume Sooner Company's 2014 balance sheet reported $417,000 for PPE assets. What does this amount tell users of the financial statements