On may 1, beasley paid $426,300 in stock (fair value) for all of the assets and liabilities of donovan, which will cease to exist as a separate entity. in connection with the merger, beasley incurred $19,600 in accounts payable for legal and accounting fees. 13. how much should beasley record as total assets acquired in the donovan merger?

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above