On May 26, Breeze Camp Ground paid KPRM Radio $500 cash for ten 30-second advertisements. Three of the ads were aired in May, five in June, and two in July.
a. Apply the realization principle to determine how much advertising revenue KPRM Radio earned from Breeze Camp Ground in May, June, and July.
b. Apply the matching principle to determine how much advertising expense Breeze Camp Ground incurred in May, June, and July.

Suppose the following items were taken from the 2017 financial statements of whispering winds corp.. (all dollars are in millions.) common stock $3,230 accumulated depreciation—equipment $3,940 prepaid rent 175 accounts payable 1,560 equipment 6,940 patents 2,270 stock investments (long-term) 670 notes payable (long-term) 780 debt investments (short-term) 1,740 retained earnings 6,175 income taxes payable 150 accounts receivable 1,740 cash 1,290 inventory 1,010 prepare a classified balance sheet in good form as of december 31, 2017. (list current assets in order of liquidity.)