Dear Dr. M. Susan Stiner,

Thank you for your seventh message. I'm glad that I have received

a lot of advice for my query, so I'm deeply impressed. I would like to

discuss it sometimes with you if it's not too much trouble.

Not having many sunny and warm days in this winter and spring, we

haven't got a lot of harvest(esp. vegetables) and its price is rather high

for now. But, we think it will decrease gradually in next a few months as

local farmer will fill that demand.

In my homework,

1, If revenues were $40,000 and all other transactions were the same, Net

Income is $28,717.

2, Net Income is $8,717 if revenues were $30,000 and cost of goods sold

were $20,000.

3, If revenues were $30,000, cost of goods sold were $10,000, and total

operating expenses were $25,000, Net Loss is $5,000.

Japanese translation,

• accrual method-----hasseisyugi
• accumulated depreciation-----genkasyokyakuruikeigaku
• depreciation expense-----genkasyokyakuhi
• expenses-----hiyo
• operating expenses-----eigyohi
• income statement-----sonekikeisansyo

That's all for this week's assignment.

Best regards,

Fumi