Match the statements below with the appropriate terms by entering the appropriate letter code in the spaces provided. terms: a. prepaid expensesb. unearned revenuesc. accrued revenuesd. accrued expenses< ? xml: namespace prefix = o ns = "urn: schemas-microsoft-com: office: office" /> statements: 1. a revenue not yet earned; collected in . office supplies on hand that will be used in the next . subscriptions revenue collected; already . rent not yet collected; already . an expense incurred; not yet paid or . a revenue earned; not yet collected or . an expense not yet incurred; paid in . interest expenses incurred; not yet

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76