Draw and explain a production possibilities frontier for an economy that produces milk and cookies. What happens to this frontier if a disease kills half of the economy’s cows?

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Answer 1

A production possibilities frontier (PPF) is a graph that illustrates the maximum possible output of two goods or services an economy can produce with its available resources.

What happens to this frontier if a disease kills half of the economy’s cows?The production possibilities frontier for an economy that produces milk and cookies is a curve that shows the maximum amount of milk and cookies that can be produced when resources are used to their fullest potential.It is depicted in the graph below.The curve slopes downward because as more resources are used to produce milk, fewer are available to produce cookies and vice versa.If a disease kills half of the economy’s cows, the production possibilities frontier will shift inward.This is because fewer resources are available to produce milk, so the maximum amount of milk and cookies that can be produced is reduced.The graph below shows the new production possibilities frontier after the disease has killed half of the cows.

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what are the major locational determinants, and how does each affect the location decision?

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Locational Determinants are a group of factors that determine the location of a facility. Logistics is one of the determining factors for industrial plants.

There are various location factors that can play a role in deciding where to place your facility. Some of the most common are:

Access to raw materials: One of the most important factors in industrial plants is access to raw materials. If the facility is too far from the source of raw materials, transportation costs can be high and profits can be reduced.

Market access: Another important factor is market access. Facilities closer to their target market can serve them more effectively and efficiently than those farther away.

Infrastructure: Infrastructure within an area can also be an important location factor. A well-developed infrastructure (roads, railroads, ports, etc.) makes it easier and cheaper to move goods to your facility.

Labor cost: Labor costs are also an important factor to consider. Facilities located in areas with high labor costs have higher operating costs than facilities located in areas with low labor costs.

Tax incentives: Many governments offer tax incentives to companies that locate facilities in certain areas. These tax breaks can make certain locations more financially attractive.

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although most international business is conducted in english, levels of comprehension can vary. how can you enhance your oral communication skills in international environments? check all that apply. accept blame. speak slowly and enunciate clearly. speak loudly and slowly. observe eye messages. correct mispronunciations. follow up with a phone call. use simple english.

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The main ways to enhance your oral communication skills in international environments are:

Speak slowly and enunciate clearly

Observe nonverbal cues, such as eye contact

Use simple English

Effective communication in international environments requires more attention to detail and adapting to cultural differences. Speaking slowly and enunciating clearly will help ensure that your message is understood.

Observing nonverbal cues, such as eye contact, can also provide valuable information about the level of understanding. Additionally, using simple English will increase the likelihood that your message is understood and reduce the potential for miscommunication. By focusing on these key elements, you can improve your oral communication skills in international environments.

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the idea that firms should voluntarily give back to society when they are able to do so is known as

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The idea that firms should voluntarily give back to society when they are able to do so is known as Corporate Social Responsibility (CSR).

What is Corporate Social Responsibility (CSR)?

The idea of corporate social responsibility (CSR) encourages businesses to think about how their decisions will affect society and the environment and to take precautions to lessen any negative impacts. It entails striking a balance between a company's economic, social, and environmental obligations to benefit all stakeholders, including clients, staff, investors, local communities, and the environment.

CSR initiatives might involve charitable giving or supporting nonprofits, as well as programs to lessen the company's carbon footprint, enhance diversity and work environments, and encourage morality and openness. The concept of corporate social responsibility (CSR) also applies to a company's supply chain and the products it creates, with a focus on ensuring that these products are ethically and sustainably produced.

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a company reports an increase in liabilities of $100 and a decrease in stockholders' equity of $1,260. what is the amount of the change in total assets?

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The total amount of change in total assets when a company reports an increase in liabilities of $100 and a decrease in stockholders' equity is $1160.

A liability is a debt that a person or business has, generally in the form of plutocrat. Through the transmission of profitable benefits like plutocrat, products, or services, arrears are ultimately satisfied.

A resource having profitable worth that a person, business, or nation possesses or controls with the stopgap that it would eventually be useful is appertained to as an asset.

The balance distance of a business lists means. They're divided into four orders palpable, fiscal, fixed, and current. They're acquired or produced in order to raise a company's value or ameliorate the operations of the company.

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What will happen as a consequence of the following 2 events occurring and affecting the market for tea? Event #1: More and more people switch to drinking coffee.
Event #2: New regulations force tea producers to make an extra inspection of any plant product.
A. P increases and Q ambiguous
B. P ambiguous and Q increases.
C. P ambiguous and Q decreases
D. P decreases and Q ambiguous.

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As a consequence of these events occurring and affecting the market for tea, option C. P ambiguous and Q decreases will happen.

A market is a gathering place for consumers and sellers where they can exchange products and services. The entire number of buyers and vendors in the area or region under consideration is referred to as the market. The value, cost, and cost of traded goods depend on the market's supply and demand forces.

Product Inspections, a crucial component of quality control, enable you to confirm product quality on-site at various points during the production process and before it is sent.

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when economists are abstracting, they are ___________.

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When economists are abstracting, they are ignoring the complexities of the real world.

The generation and disemination of assets, commodities, and activities are studied by economists through data collection and analysis, trend analysis, and evaluation of economic concerns. No matter what specific field they may engage in, someone with an economics degree will discover that they can be marketable in many domains. Bachelors with economics expertise are in high demand in the worldwide work market.

Like both logic and mathematics, economics is an illustration of abstract reasoning. Experimental and practical economics are incompatible. An expensive apparatus is not required for the economist to do his research. They minimise the intricacies of the real world when they abstraction by ignoring (ideally) unnecessary aspects when conducting economic analysis.

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if bing company reports its year-end total liabilities to be $40,000, and its year-end stockholders’ equity to be $60,000, how much are bing company’s year-end total assets?

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Bing company’s year-end total assets would be $100,000.

Bing Company's year-end total assets can be calculated by adding its year-end total liabilities and year-end stockholders' equity. In this case, the year-end total liabilities are $40,000, and the year-end stockholders' equity is $60,000. So, the year-end total assets can be calculated as follows:

Year-end Total Assets = Year-end Total Liabilities + Year-end Stockholders' Equity

Year-end Total Assets = $40,000 + $60,000

Year-end Total Assets = $100,000

Therefore, Bing Company's year-end total assets are $100,000.

This calculation is based on the accounting equation, which states that the total assets of a company equal the sum of its liabilities and stockholders' equity. This equation is used to balance the accounting records of a company and ensure that all transactions are recorded accurately.

In conclusion, Bing Company's year-end total assets are $100,000, based on its year-end total liabilities of $40,000 and its year-end stockholders' equity of $60,000.

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What are the performance objectives of operations and what are the internal and external benefits which derive from excelling in each of them?

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The performance objectives of operations are quality, speed, dependability, flexibility, and cost. Excelling in each of these objectives can bring both internal and external benefits.

Internal benefits of high performance in operations include increased efficiency and productivity, improved product quality, and increased customer satisfaction.

External benefits include increased market share, improved brand image, and the ability to attract new customers. High quality products can lead to repeat business and customer loyalty, while dependability can increase customer trust and improve the reputation of the company.

Speed can increase competitiveness and provide a significant advantage in fast-paced industries, while flexibility can allow a company to quickly adapt to changing market conditions.

Finally, cost-effectiveness can improve profitability and competitiveness in price-sensitive markets. By prioritizing and excelling in these performance objectives, companies can achieve a range of benefits that drive business success.

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A product cost is deducted from revenue in the period in which:The related finished goods are sold.The expenditure is made.The production of the product begins.The production process is completed.

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A product cost is deducted from revenue in the period in which the related finished goods are sold.

The cost of the labour necessary to provide a service to a consumer can also be taken into account when calculating product cost as it is the final price at which the good will be sold.

Finished goods are products that have concluded the production process or have been bought already done but haven't been distributed to clients. Merchandise refers to the items that have been bought in finished form. Products that have ended manufacturing but have not yet been sold or delivered to the final consumer are referred to as finished products.

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a security such as a bond that pays a specified cash flow over a specific period is a(n) - or security.

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A security issued by a borrower that obliges the issuer to make specified payments to its holder at a specified time.

What is a specific period?

“Specific period” is one defined by a period of time between specified dates and/or times – say beginning on March 1st and ending on April 17th, while a “specified period” is a precise time without beginning or End is given dates/times. A concrete example is a special case. So giving a specific example of technology would be like describing specific people using a specific machine. To give a concrete example of human activity, one would have to write about individuals. The principle of exercise specificity states that the way the body responds to physical activity is very specific to the activity itself.

For example, someone who runs can expect to have their jogging performance recognized as well as their aerobic capacity.

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with occupancy of 75 nd a property size of 50,000 sf, what is signage revenue in year 1?

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Signage revenue in year 1 is determined by the number of tenants occupying the space, the size of the property, the type of signage, and the agreement between the tenant and the owner.

In this case, if we assume an average of $10/sf for signage, then the total signage revenue in year 1 would be $500,000. This can be calculated by taking the total size of the property, 50,000 sf, and multiplying it by the agreed upon rate of $10/sf. The result would be $500,000. Signage revenue in year 1 is determined by the number of tenants occupying the space, the size of the property, the type of signage, and the agreement between the tenant and the owner.This number may be different depending on the size of the signage and any other factors that may have been agreed upon between the tenant and the owner.

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what is the field of creating new products and technologies based on cosmetic chemistry called?

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The field of creating new products and technologies based on cosmetic chemistry is known as "cosmetic science."

This field involves the application of chemical principles and techniques to the development of cosmetic and personal care products, such as skincare products, hair care products, and makeup.

Cosmetic chemists work to understand the chemistry behind the ingredients used in cosmetic products, as well as how these ingredients interact with each other and with the skin.

They use this knowledge to create new products that are both effective and safe for use. This requires a deep understanding of the science of skin, hair, and nails, as well as a strong knowledge of the latest advances in cosmetic chemistry and formulation.

Cosmetic chemists work in a variety of settings, including in research and development departments for cosmetic and personal care companies, in universities and academic research institutions, and in government agencies that regulate cosmetic products.

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what could a financial manager look at to determine whether his company is successful or in distress? give an example of a success or distress in today's business world.

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A financial manager can assess a company's success or difficulty by taking into account variables including sales growth, profit margins, return on investment, debt levels, and liquidity.

If a firm is profitable or in trouble, a financial manager can tell by looking at a few important indications. These indicators include, among others:

Revenue and profit margins: A company's performance may be indicated if it is producing positive revenue and profit margins.

Debt to equity ratio: Due to its high level of leverage and potential inability to pay back its debts, a firm with a high debt to equity ratio may be in trouble. Liquidity ratios: If a company's liquidity ratio is low, it may not have enough cash or assets to cover its obligations, which might be a sign of trouble.

Stock performance: A successful business may be indicated by a stock that is performing well. On the other hand, a corporation may be in trouble if its stock is underperforming.

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Question 11 (Multiple Choice Worth 5 points) (03.05 MC) Christina received an offer for a grant to pay for her college tuition. If she accepts the grant, what does this mean? O She will have to pay back the money after graduation. O She will not have to pay back the money. O She will only have to pay back half of the money after graduation. She will have to pay back twice the amount of money after graduation.​

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Christina received an offer for a grant to pay for her college tuition. If she accepts the grant She will not be required to repay the money.

What is a payment from a grant?

A payment called a grant is a type of financial aid that is given to a recipient by the government or another organization to help them pay for a project or program. Grants typically come in one lump sum, but they can also come in a series of smaller payments spread out over time.

Most of the time, grants are given out based on how well the applicant can show that their project or program is valuable to the public and will help the community in some way. Research grants, educational grants, community development grants, and business grants are all examples of grants. The recipient of a grant payment is not required to repay the grant money.

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what are two behaviors of an effective scrum master (choose two.)

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The two behaviors of an effective scrum master are:

Acquisition of autonomy and ownership and responsibility. Coordination and coordination. Success is focused on clear goals and objectives.

The two main roles or behaviors that a Scrum Master should always practice are: Create a safe atmosphere and make sure everyone feels comfortable participating in the conversation. A mandatory requirement to ensure this is that all speakers are heard. The other main role is the incremental delivery of value. Fast reaction; .Own Daily Status - Up.

What are two good scrum master facilitation practices?

Crowd after crowd.

Communication, coordination, cooperation. We welcome constant improvement through repeated reflections.

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a set of project where only one project can be accepted. they are mutually exclusive because the cash flows of one project can be adversely impacted by the acceptance of another project. Only the project with the highest NPV will be accepted.

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True, the given condition is applied for mutually exclusive projects

The term "mutually exclusive projects" is widely used in the context of capital budgeting, when businesses select one project from a range of projects based on specified criteria, rejecting the remaining proposals after the selected project is accepted. A statistical term for occurrences that cannot occur concurrently is "mutually exclusive." It is frequently used to describe circumstances in which the occurrence of one event supersedes that of another. For example, it is impractical to have both war and peace. They disagree with one another as a result.

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by what amount will sussman's cash-basis income for the month ended january 31 increase as a result of restating these activities to the accrual basis of accounting?

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Due to the restatement of these transactions to the accrual basis of accounting, sussman's cash-basis income for the month ending January 31 will rise by $2,500.

What does the accounting principle of the accrual basis mean?

The accrual foundation of accounting refers to the concept of documenting income as it is earned and expenses as they are incurred. By using this method, receivables or payables may be recorded even in the absence of a corresponding cash receipt or payment, respectively. This has an impact on the balance sheet.

When employing the cash-basis accounting methodology, all revenue and expenses that cause ACTUAL CASH INFLOW and OUTFLOW are reported. The relevant revenue and costs for the period will not be recorded until there has been a real cash outflow. Additionally, unless a collection really happens, no account income for the period will be reported. Using the accrual technique and the aforementioned information, Sussman Co. recorded $1,900 in sales rather than the $5,600 in real sales, and the costs associated with accrued compensation were never recognized.

The extra $3,700 in sales will be recorded less the $1,200 in accrued but unpaid salary, for a total of $5,600 less the $1,900 in cash collections that have already been reported using the cash basis approach. After restatement, there will be an additional $2500 in earnings.

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The complete question is:

Sussman Co. prepared cash-basis financial statements for the month ended January 31. A summary of Sussman's January activities follows: Credit sales of $5,600. Collections of $1,900 relating to January credit sales. Accrued salaries of $1,200. By what amount will Sussman's cash-basis income for the month ended January 31 increase as a result of restating these activities to the accrual basis of accounting?

how does a sustainable competitive advantage differ from a competitive advantage? a. a sustainable competitive advantage has an environmental focus. b. a sustainable competitive advantage occurs when the company takes advantage of temporary periods of optimal fit between the key requirements of a market and the particular capabilities of a company competing in that market. c. a sustainable competitive advantage lasts forever. d. a sustainable competitive advantage is when a company matches a core competency to opportunities in the marketplace. e. a sustainable competitive advantage is one that competitors cannot copy in the immediate future.

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A sustainable competitive advantage is distinct from a competitive advantage in that it endures forever.

Sustainable competitive advantages are a collection of assets, characteristics, or abilities that allow a company to outperform its competitors in meeting the needs of its clients. Long-lasting competitive advantages are difficult to duplicate or copy. A competitive advantage is something that offers a company an edge over its rivals, allowing it to bring in more customers and expand its market share. There are three primary categories of competitive advantages: The capacity to manufacture a good or provide a service for less money than competitors is known as a cost advantage.

What you, your business, or your department do better than anyone else constitutes your competitive edge. The phrase "sustainably" refers to your capacity to carry out certain actions over an extended period of time. And certainly, you can acquire advantages as well as have several advantages.

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A car costs $19,900 with an interest rate of 4.9%. If the car is financed over 5 years, what will the monthly payment be?

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A monthly payment is a regularly scheduled payment made on a loan or debt that is typically due on the same day each month. This payment typically includes both principal and interest charges.

To calculate the monthly payment, you can use the formula:

P = (r * A) / (1 - (1 + r)^-n)

Where:

P = monthly payment

r = interest rate divided by the number of monthly payments

A = the loan amount (19,900)

n = number of monthly payments (60 months)

So, the monthly payment will be approximately:

$375.76

P = (0.0409 * 19900) / (1 - (1 + 0.0409)^-60) = 375.76

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you want to have $85,000 in 17 years to help your child attend college. if you can earn an annual interest rate of 4.1 percent, how much will you have to deposit today?

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Deposit $51,542.21 today to have $85,000 in 17 years with an annual interest rate of 4.1 percent.

deposit to find out the amount you need to deposit today to reach your goal, you can use the formula for compound interest:

A = P * (1 + r/n)^{nt}

where A is the amount of money you will have in 17 years, P is the present value, r is the annual interest rate, n is the number of compounding periods per year, and t is the number of years.

We know that A = $85,000, r = 4.1 percent, t = 17 years, and n = 1 (compounding once per year). So, we can solve for P:

P = A / (1 + r/n)^{nt}

P = $85,000 / (1 + 0.041/1)^{1 * 17}

P = $85,000 / (1.041)^{17}

Using a financial calculator, the present value is approximately $39,600.

So, to have $85,000 in 17 years, you will need to deposit $39,600 today at an annual interest rate of 4.1 percent.

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buckley company started in year 1 by issuing stock for $17,600 cash. during year 1, buckley earned $13,100 of revenue on account. the company collected $6,300 cash from accounts receivable and paid $4,300 cash for operating expenses. based on this information alone, the balance in accounts receivable as of december 31, year 1 is:

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Buckley company started with a cash inflow of $17,600 when it issued common stock in year 1. During the same year, it earned $13,100 of revenue on account, collected $6,300 from accounts receivable and paid $4,300 cash for operating expenses. To find the balance in accounts receivable as of December 31, year 1, you need to subtract the amount collected from accounts receivable from the amount of revenue earned on account:

Accounts Receivable balance = Revenue earned on account - Amount collected from accounts receivable

Accounts Receivable balance = $13,100 - $6,300

Accounts Receivable balance = $6,800

So, the balance in accounts receivable as of December 31, year 1 is $6,800.

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how technology is affecting the macroenviorment of starbucks

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Technological power forms a decisive force in the macroenvironment. They refer to factors that create new technologies and thereby new product and market opportunities or threats.

Obvious technology developments include wireless communications and business technology, smartphone applications, and more.

Macroenvironment refers to the set of conditions that exist across the economy rather than specific sectors or regions. The macro environment generally includes trends in Gross Domestic Product (GDP), inflation, employment, spending, and monetary and fiscal policy. The macro environment is closely related to the overall business cycle rather than the performance of specific corporate divisions.

The macro environment refers to the general state of the economy rather than specific markets.

The macro environment can be affected by GDP, fiscal policy, monetary policy, inflation, employment rate and private consumption.

The state of the macro environment influences business decisions related to spending, borrowing and investing.

Macro environment refers to how the macro economic conditions in which a company or industry operates affect its performance. Macroeconomics deals with overall production, spending, and price levels in an economy, as opposed to individual industries or markets.

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Market efficiency requires all of the following EXCEPT competition between many firms O prices accurately reflect the cost/value of the product consumers have good information about their choices O governments are actively involved in directing resources

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Option 2 is correct. Market efficiency requires all of the following EXCEPT:

Governments are actively involved in directing resources.

Market efficiency alludes to how much market costs mirror all suitable, significant data. In the event that markets are productive, all data is now integrated into costs, thus it is basically impossible to "beat" the market since there are no underestimated or exaggerated protections accessible.

The term was taken from a paper written in 1970 by financial expert Eugene Fama, but Fama himself recognizes that the term is a piece deluding in light of the fact that nobody has a reasonable meaning of how to impeccably characterize or exactly measure this thing called market effectiveness. In spite of such limits, the term is utilized in alluding to what Fama is most popular for, the efficient market hypothesis (EMH).

The EMH states that a financial backer can't outflank the market, and that market oddities shouldn't exist since they will quickly be arbitraged away. Fama later won the Nobel Prize for his endeavors. Financial backers who concur with this hypothesis will generally purchase record supports that track by and large market execution and are defenders of aloof portfolio the board.

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describe a situation in which jad would be ideal.

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Consider using a shared application design if: User groups are restless and want something new instead of standard solutions to typical situation.

Organizational culture supports collaborative problem-solving behavior at several employee levels. JAD saves time because users and other key members are deeply involved in the process. The goal is to get the design right the first time, reducing multiple iterations. A JAD is typically conducted at a location separate from the location where the person concerned works. Benefits of JAD include more efficient execution of development projects and reduced costs. It also ensures better situation and improved product quality to meet stakeholder expectations.

The main purpose of using his JAD during the analysis phase is to simultaneously collect system requirements from key people involved in the system. JAD is a cheap and popular technique for discovering requirements.

JAD is used as a methodology for developing business system requirements and is typically used in the early stages of a system development project. Extract consensus-based system requirements.

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the united states government intervenes in the economy in order to a. provide competition for private firms. b. impose barriers on foreign trade. c. promote the general welfare. d. protect laissez-faire.

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the united states government intervenes in the economy in order to c. promote the general welfare.

The government's priority is the general welfare of the public in order to maintain their happiness, peace, and safety. Additionally, it is frequently referred to as "public welfare," "public good," or "common good."

Social Security, Medicare, union representation and basic wage regulations, disaster relief, capital market regulation, and big attempts to stabilize the economy are among the duties we expect our federal and state governments to carry out.

The Preamble of the US Constitution states that one of its main objectives is to "advance the public welfare," demonstrating that the socioeconomic and social help issues that the populace faces, such as poverty, housing, food and nutrition security, and other issues, were of the paramount importance towards the document's authors.

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agency problems are most likely to be associated with: multiple choice sole proprietorships. general partnerships. limited partnerships. corporations. limited liability companies.

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agency problems are most likely to be associated with corporations. A corporation, occasionally called a pot, is a legal reality that is separate from its possessors. pots can make a profit, be tested, and can be held fairly liable. pots offer the strongest protection to its possessors from particular liability, but the cost to form a pot is advanced than other structures.

There are four general types of pots in the United States a sole procurement, a Limited Liability Company( LLC), an S- pot( S- Corp), and a C- pot( C- Corp).

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what is full employment? question content area bottom part 1 full employment is defined as a situation in which _______.

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Full employment is defined as a situation in which the natural unemployment rate is equal to the unemployment rate..

Full employment is an economic scenario in which all available labour resources are utilised as efficiently as feasible. Full employment is the maximum number of skilled and unskilled workers that may be employed in an economy at any particular moment.

True full employment is an ideal—and certainly unattainable—situation in which anybody who is willing and able to work may find work, and unemployment is zero. It is a theoretical objective for economic planners to strive for rather than an observable state of the economy. In practise, economists can define multiple degrees of full employment that are linked with low but non-zero unemployment rates.

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northern trail outfitters has a custom quick action on account that creates a new case. how should an administrator make the quick action available on the salesforce mobile app?

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A custom quick action on Northern Trail Outfitter's account generates a new Case. With the action, a unique Lightning App can be created. Compact Case page layout should be changed to reflect the activity.

In general, an administrator can make a custom quick action available on the Salesforce mobile app by using some methods:

Enable the Quick Actions feature for the Salesforce Mobile App in the setup menu.Navigate to the page layout for the object where the quick action is located (e.g., Cases) and click on the "Mobile & Lightning Actions" section.Drag the custom quick action from the "Custom Quick Actions" section to the "Mobile Quick Actions" section.Save the changes to the page layout.Check the mobile app to see if the custom quick action is now available.

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If British interest rates are lower than those of the United States, the pound shows a forward discount which means the forward rate is less than the spot rate.
F

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The pound shows a forward discount when UK interest rates are lower than US, meaning the forward rate is lower than the spot rate.

When British interest rates are lower than those of the United States, it means that the return on investment for depositors in the UK is lower compared to the US.

This causes a decrease in demand for the pound, leading to a lower value of the currency in the foreign exchange market. As a result, the forward rate (the rate at which a currency can be bought or sold for delivery at a future date) is lower than the spot rate (the current market rate at which a currency can be bought or sold immediately).

This phenomenon is known as a "forward discount" and it represents the market's expectation of the future depreciation of the pound compared to the US dollar.

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a company's fiscal year-end is december 31, 2024. the following is a partial adjusted trial balance as of december 31. accounts debit credit retained earnings $21,000 dividends $2,100 service revenue 41,000 interest revenue 5,100 salaries expense 14,100 rent expense 5,100 advertising expense 2,100 insurance expense 10,100 interest expense 4,100 required: 1. prepare the necessary closing entries. 2. calculate the ending balance of retained earnings.

Answers

Prepare the necessary closing entries:

Close Service Revenue to Income Summary: Debit Service Revenue $41,000, Credit Income Summary $41,000

Close Expenses to Income Summary: Debit Income Summary, Credit Salaries Expense $14,100, Rent Expense $5,100, Advertising Expense $2,100, Insurance Expense $10,100, Interest Expense $4,100

Close Income Summary to Retained Earnings: Debit Retained Earnings, Credit Income Summary

Close Dividends to Retained Earnings: Debit Retained Earnings, Credit Dividends

Calculate the ending balance of Retained Earnings:

$21,000 + $41,000 - ($14,100 + $5,100 + $2,100 + $10,100 + $4,100) - $2,100 = $31,700

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