On January 1, Alistair Manufacturing had a beginning balance in Work-in - Process Inventory of $164,000 and a beginning balance in Finished Goods Inventory of $22,000. During the year, Alistair incurred manufacturing costs of $205,000. During the year, the following transactions occurred: Job C-62 was completed for a total cost of $144,000 and was sold for $156,000. Job C-63 was completed for a total cost of $184,000 and was sold for $212,000. Job C-64 was completed for a total cost $80,000 but was not sold as of year - end. The Manufacturing Overhead account had an unadjusted credit balance of $24,000 and was adjusted to zero at year-end. What was the amount of gross profit reported by Alistair at the end of the year? O A. $12,000 B. $40,000 C. $64,000 OD. $28,000 Home Express Moving Company is considering purchasing new equipment that costs $738,000. Its management estimates that the equipment will generate cash inflows as follows: Year 1 $214,000 2 214,000 3 264,000 4 264,000 5 160,000 Present value of $1: 6% 1 0.943 2. 0.890 3 0.840 4 0.792 7% 0.935 0.873 0.816 0.763 8% 0.926 0.857 0.794 0.735 9% 0.917 0.842 0.772 0.708 10% 0.909 0.826 0.751 0.683 A. $871,146 B. $904,000 C. $865,041 D. $902,000