On Monday evening, after a brokerage off has closed, a salesperson receives an offer to purchase and an earnest money deposit in the form of a personal check. On Wednesday, she obtains the final acceptance on the offer. The earnest money check would MOST LIKELY be turned over to her broker:

Lewis, Inc uses the indirect method to prepare its statement of cash flows

Refer to the following portion of the comparative balance sheet: Lewis, Inc Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Increase (Decrease) Cash $42,000 $36,000 $6,000 Accounts Receivable 62,000 70,000 (8,000 ) Merchandise Inventory 106,000 50,000 56,000 PP&E, net 240,000 180,000 60,000 Total Assets $450,000 $336,000 $114,000 Additional information provided by the company includes the following: Equipment costing $104,000 was purchased for cash. Equipment with a net book value of $20,000 was sold for $28,000. Depreciation Expense of $24,000 was recorded during the year. Use the T-account format and evaluate the transactions affecting Property, Plant, and Equipment, net. What will be an ideal response

Real Estate Settlement Procedures Act (RESPA) underwriting requirements apply to:

a. one unit properties only. b. one-to-four unit residences. c. an apartment complex with less than twenty residential units. d. the purchase of 40 or more acres of raw land.