Prepare journal entries for each of the following transactions of Alma Inc. a. Issues stock to shareholders in exchange for $12,500 cash. b. Purchases $3,750 of equipment by signing a note payable. c. Performs $3,125 of services for customers on account. d. Pays $1,250 cash for legal services.

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y