The Candy Factory sells candy by the pound, charging $1.60 per pound for quantities up to and including 20 pounds. Above 20 pounds, the Candy Factory charges $1.30 per pound for the entire quantity, plus a quantity surcharge k. If x represents the number of pounds, the price function is p(x) = {1.60x for x lessthanorequalto 20, 1.30x + k for x > 20. 1. Find k such that the price function p is continuous at x =20. 2. Explain why it is preferable to have continuity at x =20. The price function p is continuous at x = 20 when k = (Type an integer or a decimal.)

Suppose the following items were taken from the 2017 financial statements of whispering winds corp.. (all dollars are in millions.) common stock $3,230 accumulated depreciation—equipment $3,940 prepaid rent 175 accounts payable 1,560 equipment 6,940 patents 2,270 stock investments (long-term) 670 notes payable (long-term) 780 debt investments (short-term) 1,740 retained earnings 6,175 income taxes payable 150 accounts receivable 1,740 cash 1,290 inventory 1,010 prepare a classified balance sheet in good form as of december 31, 2017. (list current assets in order of liquidity.)