in december 2008, hawaiian telcom took action to strengthen its balance sheet by reducing debt. although the company continued to operate, its creditors could not collect their debts or loan payments that were due prior to the legal action that the company took. however, on november 30, 2009, the company had $75 million in cash on hand.

Suppose that california imposes a sales tax of 10 percent on all goods and services. a californian named ralph then goes into a home improvement store in the state capital of sacramento and buys a leaf blower that is priced at $200. with the 10 percent sales tax, his total comes to $220. how much of the $220 paid by ralph will be counted in the national income and product accounts as private income (employee compensation, rents, interest, proprietors' income, and corporate profits)?