Which of the following statements is true for Year 1?

A) The amount of fixed manufacturing overhead released from inventories is $108,000
B) The amount of fixed manufacturing overhead deferred in inventories is $513,000
C) The amount of fixed manufacturing overhead released from inventories is $513,000
D) The amount of fixed manufacturing overhead deferred in inventories is $108,000

A corporation can deduct a charitable contribution of up to 50% of its adjusted gross income.

Which of the following is the payee's or last endorsee's signature and nothing else?

A) A special endorsement
B) An allonge
C) A blank endorsement
D) A qualified endorsement
E) A restricted endorsement