Foy Corp. failed to accrue warranty costs of $50,000 in its December 31, Year 1, financial statements. In addition, a $30,000 change from straight-line to accelerated depreciation was made at the beginning of Year 2. Both the $50,000 and the $30,000 are net of related income taxes. What amount should Foy report as prior period adjustments in Year 2

c.

explanation:

regressive tax taxes the poor and less of the wealthy. this the rich get richer and the poor get more poor. this would create a large wealth gap.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answer(d) all of the choices are correct;