A bank is offering a simple interest rate of 5\%5%5, percent — that is, the bank will pay a fixed 5\%5%5, percent of an initial investment as interest each year. By contrast, a stock broker is offering a 4\%4%4, percent interest rate compounded annually: 4\%4%4, percent of the total value of the investment at the end of the year. If \$1000$1000dollar sign, 1000 is invested in the bank and \$1000$1000dollar sign, 1000 is invested with the stockbroker, after 444 years, what will be the total value of the two investments combined?

Expert computers was started in 2018. the company experienced the following accounting events during its first year of operation: started business when it acquired $40,000 cash from the issue of common stock. purchased merchandise with a list price of $32,000 on account, terms 2/10, n/30. paid off one-half of the accounts payable balance within the discount period. sold merchandise on account for $28,000. credit terms were 1/20, n/30. the merchandise had cost expert computers $16,000. collected cash from the account receivable within the discount period. paid $2,100 cash for operating expenses. paid the balance due on accounts payable. the payment was not made within the discount period. required record the events in a horizontal statements model below. in the cash flows column, use the letters oa to designate operating activity, ia for investing activity, fa for financing activity, or nc for net change in cash. if the account is not affected by the event, leave the cell blank. the first event is recorded as an example. what is the amount of gross margin for the period? what is the net income for the period?