After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.: Felix Godwin, Capital $318,490 Felix Godwin, Drawing 38,000 Fees Earned 381,030 Wages Expense 294,900 Rent Expense 70,800 Supplies Expense 26,540 Miscellaneous Expense 8,845 Journalize the two entries required to close the accounts. For a compound transaction, if an amount box does not require an entry, leave it blank.

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells. b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities. c. two superpowers decide whether to build new weapons or to disarm. d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society