#16 the fee is 60. please create a t chart

Letts Dance Cormeration Tramsactions 1. On December 12, you and your friends invest $300,000 inte the company in exctange for Let's Dance consmon stock. 2. On December 1, you and your friends buy a beiling with an expected life of 40 years for 5180,000 . Your company uses straight-line depreciation. 3. On December 12, you and your friends purchase 572,000 worth of dance equipment on account from Dancer's U'nlimited. The equipment has an expected life of 12 years. 4. Ou December 12, you asd your friends purchase prepaid insurance for a year for $1,200. 5. On December 12, you and your triends borrow 5120,000 trem the taak. The loan is due 1 year from now and carries an interest rate of 6 percent. 6. On December 3nd, Let's Dance opens for businese? Oa that day 100 people show up and pay the $50 admission fee to dance an your spectacular floort 7. On December 5n, you realize that you need sorre office sappliex, therefore, you go out and purchase $500 worth of supplies on account from the bocal affice superstore. 8. On December 7a, you hire Whitney to give private dasce lessons to your patrons. Two of your patrons pay 5400 each in advance for lessons to le given on December 12. 9. On December 12th. Whitney gives private dance kessons to eee of the potrons that poid in advance. The other patron is umable to attend and reschedules his datice lesson for January 12, next yeat. You owe Whitney $100 for giving the lesson. 10. On December 15ih,500 people show up to dance on that spectacular floot. The admission fee is $40 per person. 100 of them ask to put the $40 on their account. 11. On December 18dh, you pay Whitney's salary of 5100 . 12. December 201th is "Senior Citizens Day." Seniors get to dance on your spectacular flooe for only $30.400 setiors attend that day and pay cash. 13. On that same day (December 20th), several setions got into a brawland were injured. Police had to be called. Twenty-five seniors were amested & Lat's Dance was fined 52.000 for their handling of the situation. You paid the finc that day. 14. On December 23nd, you decide to start advertiaing since the seniors gave Let's Dance a bad reputation. Therefore, you prepay $1,000 for advertising for 2 months. 15. On December 25th, you notice that you have $75,000 siting aroand, therefore, you pick up your cell pbone and call Investments Bling LLC and imest $25,000 in short-term investments and pay off $50,000 of your accuarts payable from Dancer's Ualimited. 16. On December 30ih.,1,000 people show up to dusce on your floce. The fee is All pay cash! Need Help? Letts Dance Cormeration Tramsactions 1. On December 12, you and your friends invest $300,000 inte the company in exctange for Let's Dance consmon stock. 2. On December 1, you and your friends buy a beiling with an expected life of 40 years for 5180,000 . Your company uses straight-line depreciation. 3. On December 12, you and your friends purchase 572,000 worth of dance equipment on account from Dancer's U'nlimited. The equipment has an expected life of 12 years. 4. Ou December 12, you asd your friends purchase prepaid insurance for a year for $1,200. 5. On December 12, you and your triends borrow 5120,000 trem the taak. The loan is due 1 year from now and carries an interest rate of 6 percent. 6. On December 3nd, Let's Dance opens for businese? Oa that day 100 people show up and pay the $50 admission fee to dance an your spectacular floort 7. On December 5n, you realize that you need sorre office sappliex, therefore, you go out and purchase $500 worth of supplies on account from the bocal affice superstore. 8. On December 7a, you hire Whitney to give private dasce lessons to your patrons. Two of your patrons pay 5400 each in advance for lessons to le given on December 12. 9. On December 12th. Whitney gives private dance kessons to eee of the potrons that poid in advance. The other patron is umable to attend and reschedules his datice lesson for January 12, next yeat. You owe Whitney $100 for giving the lesson. 10. On December 15ih,500 people show up to dance on that spectacular floot. The admission fee is $40 per person. 100 of them ask to put the $40 on their account. 11. On December 18dh, you pay Whitney's salary of 5100 . 12. December 201th is "Senior Citizens Day." Seniors get to dance on your spectacular flooe for only $30.400 setiors attend that day and pay cash. 13. On that same day (December 20th), several setions got into a brawland were injured. Police had to be called. Twenty-five seniors were amested & Lat's Dance was fined 52.000 for their handling of the situation. You paid the finc that day. 14. On December 23nd, you decide to start advertiaing since the seniors gave Let's Dance a bad reputation. Therefore, you prepay $1,000 for advertising for 2 months. 15. On December 25th, you notice that you have $75,000 siting aroand, therefore, you pick up your cell pbone and call Investments Bling LLC and imest $25,000 in short-term investments and pay off $50,000 of your accuarts payable from Dancer's Ualimited. 16. On December 30ih.,1,000 people show up to dusce on your floce. The fee is All pay cash! Need Help