Slotnick Chemical received $260,000 from customers as deposits on returnable containers during 2021. Thirteen percent of the containers were not returned. The deposits are based on the container cost marked up 20% How much profit did Slotnick realize on the forfelted deposits? (Do not round intermediate calculations.) Multiple Choice $5,633. $0. $33,800. $6,760. Branch Company, a building materials supplier, has $17,400,000 of notes payable due April 12, 2022. At December 31, 2021, Branch signed an agreement with First Bank to borrow up to $17,400,000 to refinance the notes on a long-term basis. The agreement specified that borrowings would not exceed 70% of the value of the collateral that Branch provided. At the date of issue of the December 31, 2021, financial statements, the value of Branch's collateral was $19,700,000. On Its December 31, 2021, balance sheet, Branch should classify the notes as follows: Multiple Choice $5,220,000 long-term and $12,180,000 current lablilties. $17,400,000 of current liablities. $17,400,000 of long-term liabilities. $13,790,000 long-term and $3,610.000 current liabilities