which of the following should be subtracted from net income in computing net cash flows from operating activities using the indirect method?

Answers

Answer 1

When using the indirect method to calculate net cash flows from operating activities, the following items should be subtracted from net income:

Depreciation and amortization expenses: These are non-cash expenses that reduced net income but do not involve an outflow of cash.

Losses on the sale of assets: If there were any losses incurred in selling assets, they should be subtracted as they represent a reduction in net income without involving an actual cash outflow.

Decrease in current assets (excluding cash): A decrease in current assets such as accounts receivable or inventory indicates a reduction in funds tied up in these assets, resulting in an increase in cash flow.

Increase in current liabilities (excluding interest-bearing debt): An increase in current liabilities like accounts payable or accrued expenses indicates additional funds being generated from suppliers or deferred payments, leading to an increase in cash flow.

It's important to note that increases in current assets (excluding cash) and decreases in current liabilities should be added back to net income, as they represent a reduction in cash flow. Conversely, decreases in current assets and increases in current liabilities should be subtracted from net income.

It's always recommended to consult accounting standards and guidelines specific to your jurisdiction or seek professional advice when preparing financial statements and determining cash flow calculations.

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Related Questions

consider the following graph from data collected in the year 2011 for cone length in sugar pine (pinus lambertiana). does this population display phenotypic variation for cone length?

Answers

In the graph from data collected in the year 2011 for cone length in sugar pine ( pinus lambertiana ), there are several observations:

1. The cones vary in length from about 12 cm to around 32 cm.

2. The cones' lengths are widely spread out, suggesting that there is variation in their length. A population's phenotypic variation is the range of observable phenotypes generated by genetic variation and environmental factors acting on an organism. The distribution of cone length in the population is shown in the graph and ranges from approximately 12 cm to around 32 cm.The significant range of variation in cone length indicates that there are various genotypes and environmental conditions that influence cone development in sugar pines.

The variation might be a result of differences in the genes governing cone growth or environmental factors such as climate, soil type, or altitude. Nonetheless, the population does display phenotypic variation for cone length.

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When a pair of balanced forces acts on an object, what is the net force that results?

Answers

If the forces on the object are balanced, this means that the individual force cancel out each other resulting in a zero net force acting on the object.

Answer:

Equal to zero

Explanation:

If the forces on the object are balanced, this means that the individual force cancel out each other resulting in a zero net force acting on the object.

religious freedom does not include the freedom to print instructional materials to train religious teachers and to organize religious schools.

Answers

Religious freedom is a fundamental human right that encompasses the freedom to practice, propagate, and teach one's religion.

It is protected by international human rights instruments, such as the Universal Declaration of Human Rights and the International Covenant on Civil and Political Rights. While religious freedom is recognized as a crucial aspect of individual autonomy and the expression of one's beliefs, its scope and limitations can vary across different legal systems and cultural contexts.

Regarding the specific assertion that religious freedom does not include the freedom to print instructional materials to train religious teachers and to organize religious schools, it is important to examine the principles and legal frameworks related to religious freedom.

The Right to Manifest Religion or Belief: The right to manifest one's religion or belief is an integral part of religious freedom. This includes the ability to engage in teaching and disseminating religious tenets and doctrines. Instructional materials play a significant role in religious education, enabling the transmission of religious teachings and values to future generations.

Freedom of Expression: Freedom of expression is closely intertwined with religious freedom. It encompasses the right to express and communicate ideas, opinions, and beliefs through various mediums, including printed materials. This includes the ability to produce instructional resources that aid in training religious teachers and disseminating religious knowledge.

Freedom of Education: Religious freedom extends to the establishment and operation of religious educational institutions, such as religious schools. This includes the freedom to organize and administer these institutions according to religious principles and beliefs. Printing instructional materials for use within religious schools contributes to the exercise of this foundational aspect of religious freedom.

Limitations and Balancing with Other Rights: While religious freedom is protected, it is not an absolute right. Like other human rights, it may be subject to reasonable limitations prescribed by law to protect public safety, order, health, morality, or the rights and freedoms of others. These limitations should be narrowly defined and necessary in a democratic society. However, restrictions on the freedom to print instructional materials or establish religious schools must be carefully analyzed to ensure they are proportionate and do not unduly infringe upon religious freedom.

National Legal Frameworks: The specific parameters of religious freedom, including its relationship to printing instructional materials and organizing religious schools, can vary across countries due to their unique legal and cultural contexts. It is important to examine national laws, regulations, and court decisions to understand how religious freedom is defined and protected within a particular jurisdiction.

In some jurisdictions, there may be legitimate restrictions imposed on certain activities related to religious education, such as ensuring compliance with educational standards, preventing discrimination, or safeguarding the well-being of students. However, any limitations should aim to strike a balance between the right to religious freedom and other compelling societal interests.

It is worth noting that legal interpretations and practices regarding religious freedom continue to evolve, and there may be ongoing debates and varying perspectives on the extent of religious freedom in relation to printing instructional materials and organizing religious schools. Courts and legal scholars play an essential role in interpreting and applying the principles of religious freedom within the context of specific cases and legal frameworks.

In conclusion, while religious freedom is a fundamental human right, the limits and contours of this right can vary across different jurisdictions. It is crucial to analyze the specific legal frameworks, court decisions, and societal considerations within a given jurisdiction to determine how the freedom to print instructional materials for training religious teachers and organize religious schools aligns with the protection of religious freedom.

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colorblindness can be due to a mutation in any of three different genes for opsin, the protein portion of a photopigment that detects specific wavelengths of light. which types of colorblindness are due to mutated genes on the x chromosome?

Answers

Color blindness is a common genetic disease caused by genetic mutations that prevent some individuals from perceiving certain colors. The disorder, which is more common in men than women, affects a person's perception of red, green, or blue light, or a combination of these colors.

There are different types of color blindness, some of which are caused by mutations on the X chromosome. Red-green color blindness is the most common form of color blindness. It affects males more than females. Because the genes for the opsin proteins are on the X chromosome, males are more likely to develop red-green color blindness if they inherit one mutated X chromosome from their mother.

In females, two copies of the mutated gene are required to develop color blindness. Therefore, it is more uncommon for females to be color blind.  It is a less frequent type of color blindness, but it is not X-linked. The genes for the red-green photopigments are on the X chromosome.

As a result, when the mutation is present on the X chromosome, color blindness will occur more frequently in men than in women. A male with a mutation in one of his X chromosomes would have red-green color blindness because males only have one X chromosome and the mutation is on that chromosome.Therefore, red-green color blindness is the only type of color blindness that is caused by mutated genes on the X chromosome.

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Where are The electrons generated from the Krebs cycle are transferred to

Answers

Answer :he electrons generated from the Krebs Cycle are transferred to NAD+ and then sent to the Electron Transport Chain.

Explanation:

why you think some penguin species are geographically isolated from other penguin species?

Answers

Answer:

Explanation:

Penguins usually live on islands and remote continental areas free of terrestrial predators, where their inability to fly does not endanger their survival. Penguins are usually found near nutrient-rich cold water streams that provide plenty of food.

help me w/ this pls .. will mark brainliest

Answers

Answer:

Explanation:

B. A copy of the chromosomes in the parent cell.

after mitosis each cell receives 1/2 of identical chromosomes from each parent. It’s either b or d but they worded it bad for me to comprehend :/

which method is ineffective in the denaturation of proteins? question 5 options: salt heat acids freezing

Answers

Denaturation of proteins is the process in which proteins lose their tertiary or secondary structure, and thus their function due to external factors such as heat, pH, salt, or enzymes. In this regard, the denaturation of proteins can be achieved through different ways, including heat, acids, and salt. However, freezing is not an effective method of denaturing proteins because it does not alter the protein structure. Let us look at the other denaturing methods in detail:

Heat: Applying heat is one of the most common ways to denature proteins. Heat disrupts the secondary and tertiary structure of proteins, causing the protein to lose its function. Denaturation is due to the disruption of non-covalent bonds such as hydrogen bonds, van der Waals forces, and ionic bonds that hold the protein structure together. Acids:

Proteins are highly sensitive to pH changes, and the pH at which a protein becomes denatured depends on the amino acid composition. The acidic environment can change the structure of a protein, making it lose its function. Salt: When exposed to high salt concentration, the ionic strength of a solution increases, which interferes with the electrostatic interactions between charged amino acid residues.

This weakens the protein structure, causing it to denature. Freezing: Freezing is not an effective method of denaturing proteins because it does not alter the protein structure. The freezing process only temporarily stops the protein's biological function by slowing down its chemical reactions. The protein retains its structure and function once it's thawed out.Thus, the correct answer to the question is freezing.

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what is not a function of the nervous system? control effectors direct long-term functions such as growth integrate sensory information sense the internal and external environments question 2 2 / 2 pts which of the following are organs of the central nervous system? brain and spinal cord brain, cranial nerves, spinal cord, and spinal nerves brain and cranial nerves spinal cord and spinal nerves question 3 2 / 2 pts the two structural divisions of the nervous system are the: visceral motor division and somatic motor division. sensory division and motor division. somatic sensory division and visceral sensory system. central nervous system and peripheral nervous system.

Answers

The nervous system is responsible for performing a variety of tasks that are critical to the proper functioning of the human body. The system is composed of two main components: the central nervous system (CNS) and the peripheral nervous system (PNS). The PNS includes all nervous system components outside of the brain and spinal cord, while the CNS includes the brain and spinal cord.

In order to better understand the nervous system, it is important to understand what it is not responsible for. The nervous system does not have a direct role in controlling effectors or directing long-term functions such as growth. Instead, it plays an essential role in integrating sensory information and sensing the internal and external environments.

The organs of the central nervous system are the brain and spinal cord. These organs work together to help the body process information and respond to stimuli. Finally, the two structural divisions of the nervous system are the CNS and the PNS. The CNS consists of the brain and spinal cord, while the PNS includes all other nervous system components.

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which of the following trophic levels would have the lowest amount of available energy

Answers

The trophic level that would have the lowest amount of available energy is d) Tertiary consumers (e.g., top predators).

The trophic level with the lowest amount of available energy is the tertiary consumers, as they receive the smallest portion of the original energy input into the ecosystem.

As energy flows through an ecosystem, it becomes increasingly limited and lost as heat at each trophic level. Primary producers, such as plants, capture the most energy from the sun through photosynthesis, making them the primary source of energy in an ecosystem. However, as energy is transferred to herbivores (primary consumers), only a fraction of the original energy is passed on. This trend continues as energy is transferred to secondary consumers (carnivores) and further to tertiary consumers (top predators), resulting in decreasing energy availability.

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Complete Question

Which of the following trophic levels would have the lowest amount of available energy?

a) Primary producers (e.g., plants)

b) Primary consumers (e.g., herbivores)

c) Secondary consumers (e.g., carnivores)

d) Tertiary consumers (e.g., top predators)

Which of the following best describes soil texture

Answers

The best definition of the texture of soil would be: Rough and damp
Can you possibly give more details

Please help me!! PICTURE ABOVE!

Answers

Scientific Theory explains , Scientific law describes .

1. Which ecosystem did you choose?
Canopies
2. What abiotic factors would you find in this ecosystem?
sunlight
3. What biotic factors would you find in this ecosystem?
Tall thin trees
4. How could humans impact the biotic and abiotic factors in this ecosystem? (5 examples)

Answers

Answer:

Besides wildfires, human settlements affect neighboring ecosystems through biotic processes, including exotic species introduction, wildlife subsidization, disease transfer, landcover conversion, fragmentation, and habitat loss.

a symbiotic relationship that benefits both species (like algae inside coral) is referred to as commensalism responses true true false

Answers

The statement "a symbiotic relationship that benefits both species (like algae inside coral) is referred to as commensalism" is false. Instead, such a relationship is called mutualism. In a mutualistic relationship, both species benefit from the interaction.

The symbiotic relationship between coral and algae, for example, is a mutualistic one. Algae live inside the coral, which provides a protective environment, while the algae provide the coral with food through photosynthesis. Both the algae and the coral thrive in this relationship.

Commensalism, on the other hand, is a type of symbiotic relationship in which one species benefits while the other is neither helped nor harmed.

An example of commensalism is when a bird builds its nest in a tree. The bird benefits by having a place to live, while the tree is neither helped nor harmed.

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How do we complete the observation step of the scientific method.

Answers

From my past experiences I use the results to make a new hypotheses or predictions.

PLEASE IF ANSWER CORRECT WILL MARK BRAINLEST!!! Please due right now
A car engine uses the combustion of fuel to move a system of gears that move its wheels. Not all of the fuel's energy is transferred to the wheels Which two options describe what happens to the rest of the energy?

A. Some energy is lost because it is transformed into chemical energy B. Some energy is lost because of the heat produced by the engine C. Some energy is lost because of friction in the car's moving parts
D. Some energy is lost because of the weight of the car
E. Some energy is lost because it is transformed into potential energy​

Answers

Answer:

Some energy is lost because of friction in The cars moving parts.

Some energy is lost because of the heat produced by the engine.

um yeah please answer fast

Answers

Answer:

the answer is A

Explanation:

ANSWER THIS QUESTION PROPERLY AND THOROUGHLY AND GET BRAINLIEST

Refer to Figure 1.17. Suppose that a lake is located beside an abandoned manufacturing plant. Someone discovers that the plant is leaking chemicals into the lake. The chemicals are absorbed by phytoplankton, which are consumed by zooplankton. Which size of fish would you expect to have higher levels of chemicals in their tissues: smaller fish that eat zooplankton or larger fish that eat the smaller fish? Explain your answer.

Answers

The larger fish that eat zooplankton would be expected to have higher levels of chemicals in their tissues. Bioaccumulation refers to the gradual accumulation of toxic substances in an organism's tissues at a greater rate than the excretion or metabolic transformation of the substance.

Bioaccumulation is more common in the bodies of larger animals because of their higher positions in the food chain. When smaller fish consume phytoplankton, which have consumed toxins, the concentration of toxins in the fish is lower than it is in the phytoplankton. Larger fish that consume smaller fish will accumulate all of the contaminants that the smaller fish accumulated over time. As a result, smaller fish have lower toxin concentrations than larger fish.

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Select the statements that accurately describe weather conditions that may be associated with tornadoes.
a.Cold fronts
b.Wind shear
c.Occluded front
d.Maritime tropical
e.Mesocyclones
CHOOSE ALL THAT ARE ASSOCIATED. AKA MORE THAN ONE PLS HELP

Answers

Answer:

everything but D. so A, B, C, E.

Explanation:

a species of goose nest high on a rocky cliff and their goslings have to jump hundreds of feet to the ground after hatching. these geese nest there to avoid fox predators. if the goslings are too light they are blown out to sea but if they are to heavy they die when they hit the ground. what type of selection would produce the perfect size chick to survive the fall? group of answer choices disruptive selection directional selection none its all chance stabilizing selection

Answers

The type of selection that would produce the perfect size chick to survive the fall is stabilizing selection. Stabilizing selection is a type of natural selection where an intermediate trait is selected over the extreme trait. In stabilizing selection, natural selection works to maintain the status quo and eliminate extreme phenotypes from the population.

It favors an average, intermediate phenotype and eliminates extreme, non-conforming phenotypes.Stabilizing selection tends to occur when environmental conditions are stable and resources are limited.

It is usually responsible for the maintenance of a certain phenotypic trait and the reduction of genetic variation in a population.Stabilizing selection would be responsible for producing the perfect size chick that can survive the fall.

If the goslings are too light, they are blown out to sea, and if they are too heavy, they die when they hit the ground. The goslings need to be of the perfect size to survive the fall, which is an intermediate trait.

Therefore, stabilizing selection would be the type of selection that produces the perfect size chick to survive the fall.

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Iron reacts with atmospheric oxygen to form iron oxide or ferric oxide. Look at the chemical equation for this reaction:

Fe + O2 → Fe2O3

This equation is unbalanced. Which of the following is the correct balanced equation for this reaction?

Answers

Answer:

4 Fe + 3 O₂ → 2 Fe₂O₃

Explanation:

Let's start with the oxygen.

Reactants - 2

Products - 3

What number do 2 and 3 have in common? 6.

Put a 3 in the reactants and a 2 in the products to balance the oxygen.

Fe + 3 O₂ → 2 Fe₂O₃

Now let's look at the iron.

Reactants - 1

Products - 4

Put a 4 in the reactants to balance the iron.

4 Fe + 3 O₂ → 2 Fe₂O₃

The equation is balanced. Hope that helps.

Answer: its 4  3  2

Explanation:i did it and got it right

hope you have a good day

Which of the following best describes atoms?
O A) Atoms are hard, solid balls of matter that are the smallest known particles.
O B) Atoms are made of three particles called electrons, neutrons, and protons.
O C) Atoms are made of uniform sphere called a nucleus surrounded by electrons.
OD) Atoms are composed of electrical charges that are made only of energy.

Answers

Answer:

A) Atoms are hard, solid balls of matter that are the smallest known particles.

This important factor of survival for the coral reef is

Answers

Answer:

sunlight, oxygen and shallow water.

Explanation:

Sunlight: Corals need to grow in shallow water where sunlight can reach them. Corals depend on the zooxanthellae (algae) that grow inside of them for oxygen and other things, and since these algae needs sunlight to survive.

graduated cylinder
How much sugar was mixed with 1000ml water to make a 15% sugar
solution?
10 points
100 g
150 g
1000 g
O 159
What the answer

Answers

Explanation:

i think 100gram of sugar

After fertilization, a zygote divides by .

Answers

Answer:

The zygote divides to form a blastocyst and.

Explanation: I do not want to say...

This property of water buffers temperature near a lake. If you dip your toe in Lake
Michigan in September it will be warm, even if it's cold outside.

A.)Ice Floats
B.)High Specific Heat
C.)Universal Solvent
D.)Adhesion

Answers

Answer:

It would be D)Adhesion

Explanation:

Answer:

B.)High Specific Heat  

Explanation:

I took the test

Which of the following is CORRECT?


Starch is the storage molecule in plants and Glycogen is the storage molecule in animals.


Cellulose is the structural material of plants and Chitin is the structural material of some animals (insects and crustaceans).


Examples of monosaccharides are glucose, fructose, and galactose.


All of the answers are correct statements.


The disaccharide lactose is made up of glucose + galactose.

Answers

Answer:

All are correct I think.

Explanation:

which body system includes involuntary movements of pumping blood and moving food through the digestive system? (2 points)

Answers

The body system that includes involuntary movements of pumping blood and moving food through the digestive system is the muscular system. The muscular system comprises the skeletal, smooth, and cardiac muscles.

It plays a crucial role in the body by facilitating movement and maintaining posture and also in assisting the internal organs to function correctly. Additionally, the muscular system also aids in the production of heat and energy and enables the transmission of information through the use of electrical impulses. The skeletal muscles are those attached to bones and are responsible for voluntary movements.

The smooth muscles, also known as involuntary muscles, are responsible for involuntary movements such as the movement of food through the digestive system. The muscular system and involuntary movementsThe muscular system plays a critical role in involuntary movements such as the pumping of blood and the movement of food through the digestive system.

Smooth muscles in the walls of the digestive tract contract and relax to push food through the digestive system, making it easier for the body to absorb nutrients. Additionally, the smooth muscles in the walls of the arteries and veins contract and relax to facilitate the flow of blood throughout the body. This is a complex process that requires the coordination of different muscles, and it is essential to maintaining good health.

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In a closed ecosystem, monitoring the amount of carbon in the various spheres would show
which of the following changes as a result of continued photosynthesis?

Answers

An increase in biosphere and an decrease in atmosphere.

what makes both red and white blood cells​

Answers

Answer:

In the human adult, the bone marrow produces all of the red blood cells, 60–70 percent of the white cells (i.e., the granulocytes), and all of the platelets. The lymphatic tissues, particularly the thymus, the spleen, and the lymph nodes, produce the lymphocytes (comprising 20–30 percent of the white cells).


Red blood cells, most white blood cells, and platelets are produced in the bone marrow, the soft fatty tissue inside bone cavities. Two types of white blood cells, T and B cells (lymphocytes), are also produced in the lymph nodes and spleen, and T cells are produced and mature in the thymus gland.
Other Questions
help me :)1) What are the process types. Describe each process type. Provide an example for each process type. OR ESTHOUBO At the 15 January 2019, the amount of Retained earnings reported by Moon Corporation is $2,500,000. During 2019, Moos Corporation and paid cash dividends of $140,000, and declared share dividends of $320,000. The amount of net income of 2019 reported by Moon Corporation in $1,000 000 M Corption w common ck of 175 000 required to make a correction of understatement of depreciation expenses in prior years of $430,000 (net of tox) Required: How much was the retained earnings reported on 31st December, 20197 (Show your calculations). 9. if you have 5.00 g of hydrogen chloride gas at stp, what will be the volume of the gas at 835 mm hg and -23oc? The maximum force of static friction between the fish bowl and the table is 38N which force will move the fish bowl to the left is a fraction considered a term? if yes why? The ledger for Tamarisk, Inc. is as follows. Reproduce the journal entries for the transactions that occurred on October 1,10 , and 20 . (Credit account fit automaticalfy indented when the amount is entered. Do not indent manually. Record fournal entries in iresented in the problem. If no entey is required, select "No Entry" for the occount titles and enter O for automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order Question 5 of 7< Determine the October 31 balance for each of the accounts above, and prepare a trial balance at October 31,2022 Tamarisk, Inc Trial balance Toctober 31,2022 20 eTextbook and Media What is the correct hyphen notation for an element with 6 protons, 8neutrons & 6 electrons?calcium-12calcium-14carbon-12O carbon-14 How were thomas hobbes ideas accepted in the world Which Idea Is most closely associated with the Age ofEnlightenment? In what ways is The Aeneida work of propaganda that supportsRome under Augustus? Is it possible that it also undermines theideals of Augustan Rome? Which challenges to IHRM do youthink are the most important? Why? In what ways can an MNE improve or change itsapproach to IHRM? PPI is applicable to which functions of an organization:A.Entire EnterpriseB.Manufacturing Operations onlyC. Commercial Operations onlyD. B and C Mr. Bus, receives 25,000 basic salary a month. For being one of the five members of the board of the samecorporation, he, in addition, receives 15,000 a month. In December 2014, he received his 13th month pay of40,000 and productivity incentives of 15,000. His taxable income isa. 480,000b. 520,000c. 670,000d. 525,000 Fessenden Corporation has accumulated a significant amount of debt as a result of debt-financed acquisitions of other companies. It is currently considering acquiring one of its competitors, Sonar Corporation. Fessenden's existing debt covenants stipulate that it cannot go beyond a debt to equity ratio of 1.25:1 and a net debt as a percentage of capitalization ratio of 0.9:1. The acquisition of Sonar will cost $80 million. Fessenden's current level of equity is $450 million and its current level of interest-bearing debt is $575 million. Fessenden has a cash balance of $75 million. It will finance the acquisition with a 10-year bond of $80 million that carries a 5% interest rate sold at par.a)Determine Fessenden's debt to equity ratio and net debt as a percentage of capitalization ratio prior to the proposed acquisition.b)Determine whether Fessenden could acquire Sonar Corporation with the bond issue and still remain in compliance with the existing debt covenants. Which one of the following statements regarding Preferred Shares is TRUE? Select one: a. Participating preferred shares will share in any dividends paid to common shareholders. b. In a bankruptcy, preferred stockholders are paid out before bondholders c. Preferred dividends that are cumulative will lose their right to any unpaid dividends if not declared by the Board of Directors in the year d. An advantage of issuing preferred shares over common shares is that the preferred dividends paid are tax deductible. Mrs. Thomas has $71.00 to purchase bottles of juice for her class. If the bottles of juice cost $3.55 each, how manybottles can she buy?O 2 bottlesO 5 bottlesO 20 bottlesO 25 bottles The marginal product of capital for the next period for this economy is given by: MPKf=A2Kt+1 here Kt+1 is the next period's desired level of capital stock and A is total factor productivity. a) Derive an algebraic expression for the next period's desired level of capital. Assume that capital depreciates at rate d, the interest rate is r and the tax rate is . b) Assume A=120,Pk=20,=50%,d=10% and r=5%. Use the formula found in a) to compute the numerical value of the next period's desired level of capital, Kt+1. awnser this and i will give 5 stars and a thank you dont have to be first Solving the equation For a number of years, a private not-for-profit entity has been preparing financial statements that do not necessarily conform to U.S. generally accepted accounting principles. At the end of the most recent year (Year 2), those financial statements show total assets of $900,000, total liabilities of $100,000, net assets without donor restriction of $400,000, and net assets with donor restrictions of $400,000. This last category is composed of $300,000 in net assets with purpose restrictions and $100,000 in net assets that must be permanently held. At the end of Year 1 , financial statements show total assets of $700,000, total liabilities of $60,000, net assets without donor restriction of $340,000, and net assets with donor restrictions of $300,000. This last category is composed of $220,000 in net assets with purpose restrictions and $80,000 in net assets that must be permanently held. Total expenses for Year 2 were $500,000 and reported under net assets without donor restrictions. Each part that follows should be viewed as an independent situation. Assume that this entity is a private college that charged its students $600,000 for tuition in Year 2 but then provided $140,000 in financial aid. The $600,000 was reported as revenue. The $140,000 was reported as an expense. Both of these amounts were included in the net assets without donor restrictions. a. What is the appropriate amount that should be reported as net assets without donor restrictions at the end of Year 2 ? b. What is the appropriate amount that should be reported as expenses for Year 2?