What have we learned today?

1. When calculating the total value of the annuity in problem 6-22, use 8%, NOT 5%.

2. Unearned revenue is tax-deductible.

3. Accrued bonuses are not.

4. Reslife...I don't know how to put it into words. Speechless. In the bad way.

5. We're all behind you, Kwan.