The following information pertains to property taxes levied…

The following information pertains to property taxes levied by Sycamore City for 2025: Collections during 2025$ 1,200,000Expected collections during the first 60 days of 2026200,000Expected collections at the end of 2026110,000Expected collections during January 202740,000Estimated to be uncollectible 30,000Total levy$1,580,000   What amount should Sycamore report for 2025 net property tax revenues? 

On January 1, 2025, Mason Co. purchased 40,000 shares (40%)…

On January 1, 2025, Mason Co. purchased 40,000 shares (40%) of Holt Corp.’s common stock for $560,000. At that time, the book value of Holt’s net assets was $1,400,000. The investment gave Mason the ability to exercise significant influence over the operations of Holt. During 2025, Holt reported income of $150,000 and paid dividends of $40,000. On January 1, 2026, Mason sold 10,000 shares for $150,000. How much equity income did Mason record at the end of 2025 for its investment in Holt?How much dividend shares did Mason record at the end of 2025 from its investment in Holt?What was the balance in the investment account before the shares were sold?What was the book value or carrying value of the 10,000 shares sold?What is the gain/loss on selling the 10,000 shares?What is the appropriate journal entry to record the sale of 10,000 shares?                                 PLEASE COPY THE TABLE INTO YOUR RESPONSE TO FORMAT YOUR ANSWERS