# accounting homework solution

05 / 03 / 2018 Assignment

This paper circulates around the core theme of accounting homework solution together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 45. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

1. In a clinical study of an allergy drug, 108 of the 203 subjects reported experiencing significant relief from their symptoms. Using a significance level of .01, test the claim that more than half of all those using the drug experienced relief.
2. According to a recent poll, 53% of Americans would vote for an incumbent president. If a sample of 100 people results in 45% who would vote for the incumbent, test the claim that the percentage is 53%. Use a .10 significance level.
3. A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes. Karen took bus 14 during peak hours on 18 different occasions. Her mean waiting time was
7.4 minutes. Assume that the standard deviation has been historically
known to be 2.2 minutes. At the .05 significance level, test the claim that the mean waiting time is less than 10 minutes.
4. The world’s smallest mammal is the bumblebee bat. Such bats are roughly
the same size of a large bumblebee. Listed below are the weights (in
grams) from a sample of these bats. Assuming that all such bats have a
standard deviation of .3 grams, use a significance level of .05 to test the
claim that these bats are from the same population with a known mean of
1.8 grams. Do the bats appear to be from the same population ? You may assume the sample data comes from a population that follows a normal distribution.
2.13 1.31 1.91 1.92 1.77 1.64 2.29 1.99 2.33 2.49 2.22
5. A manufacturer makes steel rods that are supposed to have a mean length of 50 centimeters. A retailer suspects that the bars are being produced too short. A sample of 46 bars is taken and their mean length is determined to be 51 centimeters with a standard deviation of 3.6 centimeters. Using a .01 significance level, test the retailers claim that the population mean is less than 50 centimeters.
6. A cereal company claims that the mean weight of the cereal in its packets is more than 14 oz. The weights (in ounces) of the cereal in a random sample of 8 cereal packets are listed below. You may assume the sample data comes from a population that follows a normal distribution. Using a
.05 level of significance test the company’s claim.
14.6 13.8 14.1 13.7 14.0 14.4 13.6 14.2
7. An article in a journal reports that 34% of American fathers take no responsibility for child care. A researcher claims that the figure is higher for fathers in the town of Littleton. A random sample of 225 fathers from Littleton, yielded 97 who did not help with child care. Using a .05 level of significance test the claim that the proportion is at least 34%.
8. The average time it takes for a person to experience relief from aspirin is
25 minutes. A new ingredient is added to help speed up relief. A study was conducted with 35 people that resulted in a mean of 22.1 minutes with a standard deviation of 1.9 minutes. Using a .05 significance level, test the
claim that the mean amount of time relief will be felt is less than 25 minutes.
9. A Patent Medicine Company supervisor assumes that the bottling machine is operating properly if only 5 percent of the processed bottles are not full. A random sample of 100 bottles had 7 bottles that weren’t full. Using a significance level of .01, conduct a test to see if the machine is operating properly.
10. According to Management Accounting, salary figures for certified management accountants (CMAs) who are in the field less than 1 year are normally distributed with a mean of \$31,129. A random sample of 15 first-year CMAs in Denver produces a mean salary of \$32,279, with a standard deviation of \$1,797. Test the hypothesis that the mean for all Denver first-year CMAs is not equal to \$31,129 . Use the .05 level of significance.
Steps for Completing Hypothesis Testing
1. H0: _____________
2. Ha: _____________
3. In words, define the random variable. __________ = ______________________
4. The distribution to use for the test is _______________________.
5. Determine the test statistic using your data.
6. Determine the p-value.
7. Do you or do you not reject the null hypothesis? Why?ample of how to make your entries.
Do not put the "X" in the Posted column at this time. Use the printed Chart of Accounts
as a reference source for the Account Numbers and Account Names that are available
in Lenny’s accounting system.

Steps 1 and 2
in the Accounting Cycle
Step 1
that occurs during the accounting
period, determine the effect of the
transaction on the General Ledger
accounts.

_ To make posting from the General Journal to the General Ledger easier, it is recommended that
you print the General Journal — click the Journal tab and then click the Printer Icon.

_ Post the entries from the printed General Journal to the General Ledger accounts. Click the
GL Assets, GL Liab-Equity, and GL Rev-Exp tabs to find the accounts to be posted.
Record your postings directly into the General Ledger. As you post an amount to an account
be sure to enter the General Journal Page # into the Journal Page # column. See
the first posting to the Cash account for an example. After you post an amount to a
General Ledger account, then hand write an "X" in the Posted column of the printed
General Journal. This will help you keep track of which entries you have posted.

Step 2
Make an entry in the General
Journal for each transaction and
post the entry to the General
Ledger accounts.

_ Enter the "X"s, which you hand wrote on your General Journal pages, into the
General Journal. Click the Journal tab and enter the "X"s in the Posted column.
Pg. 2

_ Determine the required adjusting entries as of July 31, 2015. The information needed for
the adjusting entires is on the page titled "Additional Information". This is the second page
that printed when you printed the Trans tab. Click the Journal tab and record your
adjusting entries in the General Journal. Use the printed Chart of Accounts as a
reference source for the Account Numbers and Account Names that are available in
Lenny’s accounting system. Put your adjusting entries on Page # 4 of the General Journal.

_ Post the adjusting entries from the General Journal to the General Ledger accounts.
Click the GL Assets, GL Liab-Equity, and GL Rev-Exp tabs to find the accounts to be
posted. As you post an amount to an account be sure to enter the General Journal Page #
into the Journal Page # column. After you post an amount to a General Ledger account,
click back on the Journal tab and enter an "X" in the Posted column of the General Journal.

Step 3 in the Accounting Cycle
At the end of the accounting
period, before preparing the
financial statements, determine
if any of the General Ledger
account balances need to be
Journal and post the
entries to the General Ledger
accounts.

_ Print Lenny’s General Ledger by: clicking the GL Assets tab and then clicking the Printer icon,
clicking the GL Liab-Equity tab and then clicking the Printer icon, and clicking the
GL Rev-Exp tab and then clicking the Printer icon.

_ Using the printed General Ledger, enter the ending account balances into the July 31, 2015
Pre-Closing Trial Balance. Click the Trial Bal tab and enter the amounts into the
Pre-Closing Trial Balance. Print the July 31, 2015 Pre-Closing Trial Balance by clicking
the Printer icon.

Step 4 in the Accounting Cycle
Prepare a Pre-Closing Trial
Balance to determine that the
accounts in the General Ledger
are in balance.

Step 5 in the Accounting Cycle

_ Using the printed July 31, 2015 Pre-Closing Trial Balance, prepare the July 2015
Income Statement. Click the IS & SEquity tab and enter the amounts into the Income
Statement.

Prepare an Income Statement
from the ending balances in the
General Ledger revenue and
expense accounts.
Step 6 in the Accounting Cycle

_ Using the printed General Ledger and the Net Income amount, prepare the July 2015
Statement of Stockholders’ Equity. Click the IS & SEquity tab and enter the
amounts into the Statement of Stockholders’ Equity.

Calculate the ending balance
of the Retained Earnings
account that is needed for the
preparation of the Balance
Sheet
Step 7 in the Accounting Cycle

_ Using the printed July 31, 2015 Pre-Closing Trial Balance and the Retained Earnings amount
from the Statement of Stockholders’ Equity, prepare the July 31, 2015 Balance Sheet.
Click the BalSht tab and enter the amounts into the Balance Sheet.

Prepare the Balance Sheet
from the ending balances in the
General Ledger asset accounts,
liability accounts, Common
Stock account, and the
calculated ending balance for
the Retained Earnings account.

_ Prepare the closing entries. Click the Journal tab and enter the closing entries into the

Step 8 in the Accounting Cycle

General Journal. Place your closing entries on Page # 5 of the General Journal.

Prepare and enter the revenue
and expense closing entries
into the General Journal,
and post the closing entries
to the General Ledger
accounts.

_ Post the closing entries from the General Journal to the General Ledger accounts.
Click the GL Liab-Equity, and GL Rev-Exp tabs to find the accounts to be posted.
As you post an amount to an account be sure to enter the General Journal Page # into
the Journal Page # column. After you post an amount to a General Ledger account,
click back on the Journal tab and enter an "X" in the Posted column of the General Journal.

Step 9 in the Accounting Cycle

_ Click the Post Close TB tab and prepare the July 31, 2015 Post-Closing Trial Balance.

Your instructor will provide you with directions on how to submit your project.

Prepare a Post-Closing Trial
Balance to determine that the
accounts in the General Ledger
are in balance and ready to
start a new Accounting Cycle.

Lenny’s Lawn Service, Inc. – Transactions – Additional Information
July 2015 Transactions
Date

ü

July 1

Description of the Transaction
Borrow \$35,000.00 from 1st Bank by signing a 24 month note with a 4% annual interest rate.
(As an example of how to journalize and post a transaction — this transaction has already been entered
into the General Journal and posted to the General Ledger.)

July 1

Receive \$62,000.00 cash from new investors, and issue \$62,000.00 of Common Stock to them.

July 1

Purchase \$87,900.00 of new mowing equipment, paying cash to the mower dealer.

July 1

Pay \$500.00 cash for the July truck rental.

July 3

Invoice a new customer \$1,250.00 for a completed mowing job — customer will pay in 10 days.

July 5

The Board of Directors declares a cash dividend. The total amount of the dividend is \$23,000.00
The Date of Record is set as July 15. The Date of Payment is set as July 31.

July 7

Pay the employees \$8,000.00 for work performed during the 1st week of July.

July 10 Complete a mowing job for a new customer — customer pays \$800.00 cash for the job.
July 12 Collect \$3,500.00 cash from the golf course for special rush mowing job completed on May 31.
July 14 Pay the employees \$5,600.00 for work performed during the 2nd week of July.
July 15 Purchase \$300.00 of supplies from the mower dealer. The supplies are consumed immediately.
Lenny’s will pay the mower dealer for the supplies in about 2 weeks.
July 15 Collect \$1,250.00 on account. The cash that is received is from the new customer for the job
that was completed on July 3.
July 17 One of the original mowers purchased in January of 2014 broke down and is repaired by the mower
dealer. The cost of the Mower Repair job is \$980.00. Lenny’s will pay the mower dealer in 30 days.
July 19 Purchase for cash \$22,000.00 of supplies. These supplies will be consumed over the next 12 months.
July 20 Collect \$30,000.00 from the property management company for work performed in June.
July 21 Pay the employees \$6,950.00 for work performed during the 3rd week of July.
July 23 Receive a \$39,000.00 advance payment from the university. The advance payment is for 6 months
of work which will be performed from August 1, 2015 to January 31, 2016.
July 25 Complete a special mowing job for the golf course. The total price for the mowing job is \$8,700.00.
The golf course pays \$5,000.00 cash on this date and will pay the remainder on August 25.
July 27 Complete a mowing job for a new customer — customer pays \$275.00 cash for the job.
July 27 Pay \$300.00 cash to the mower dealer for the supplies purchased on account on July 15.
July 28 Pay the employees \$6,200.00 for work performed during the 4th week of July.
July 31 Invoice the property management company \$37,000.00 for July mowing work. The property
management company will pay the invoice on the 20th of next month.
July 31 Pay the cash dividend which was declared on July 5.

Equipment:

The \$48,000.00 beginning balance in the Equipment account relates to the mowing equipment
which was purchased on January 2, 2014. For information related to this mowing equipment
see Page 70 in the Solid Footing book. This equipment continues to be used and should be
depreciated for the month of July.
The following information relates to the new equipment which was purchased on July 1, 2015:
The new equipment was placed into service on July 1, 2015 and should be depreciated
for the month of July.
The estimated useful life of the new equipment is 5 years.
At the end of 5 years, the new equipment will have no future value and will be scrapped.
The new equipment will be depreciated using the straight-line method.

Supplies:

At the end of July there are \$22,450.00 supplies on-hand.

Mowing Service
at the University: The monthly mowing service was provided to the university per the contract signed on April 1, 2015.
For information on the contract with the university and the related advance payment, see
Pages 95 and 98 in the Solid Footing book.
Wages Due
the Employees:

Bank Loan:

The last wage payment was made to the employees on July 28, 2015. The employees worked on
July 29, 30, and 31. For these three days of work the employees earned \$5,950.00 of wages.
These three days of wages will be paid to the workers during the first week of August.
The interest on the loan from 1st Bank will be paid every three months. The first interest payment
to the bank will be made on September 30, 2015. Lenny’s calls the bank on July 31 and the
bank indicates that the interest on the loan for July is \$180.00

Lenny’s Lawn
Service, Inc. – Chart of Accounts
Account #
100
105
110
150
155
200
205
210
215
220
250
300
305
400
500
505
510
515
520
550

Account Name
Assets:
Cash
Accounts Receivable
Supplies
Equipment
Accumulated Depreciation
Liabilities:
Accounts Payable
Wages Payable
Interest Payable
Unearned Revenue
Dividends Payable
Note Payable
Equity:
Common Stock
Retained Earnings
Revenues:
Service Revenue
Expenses:
Supplies Expense
Mower Repair Expense
Wages Expense
Truck Rental Expense
Depreciation Expense
Interest Expense

Snow Le

Lenny’s Lawn Service, Inc. – General Journal
Page # 1
2015

Account

Month-Day

Number

7-1

100
250

Account Name
Cash
Notes Payable

Posted

X

Debit

Credit

35,000.00
35,000.00

X

Borrowed on Note Payable

Lenny’s Lawn Service, Inc. – General Journal
Page # 2
2015

Account

Month-Day

Number

Account Name

Posted

Debit

Credit

Lenny’s Lawn Service, Inc. – General Journal
Page # 3
2015

Account

Month-Day

Number

Account Name

Posted

Debit

Credit

Lenny’s Lawn Service, Inc. – General Journal
Page # 4
2015

Account

Month-Day

Number

2015

Account

Month-Day

Number

Account Name

Posted

Debit

Credit

Lenny’s Lawn Service, Inc. – General Journal
Page # 5
Account Name

Posted

Debit

Credit

Snow Le

Lenny’s Lawn Service, Inc. – General Ledger
Account # 100

Cash

2015

Journal
Page #

Month-Day

7-1

Beginning Balance

7-1

1

Account # 105
2015

Journal
Page #

2015

Journal
Page #

2015

Journal
Page #

Balance

33,500.00 Dr

Debit

Credit

Balance

4,375.00 Dr

Debit

Credit

Balance

48,000.00 Dr

Accumulated Depreciation

2015

Journal

Month-Day

Page #

7-1

Credit

48,000.00

Beginning Balance

Account # 155

Debit

Equipment

Month-Day

7-1

38,250.00 Dr
73,250.00 Dr

4,375.00

Beginning Balance

Account # 150

Balance

Supplies

Month-Day

7-1

38,250.00
35,000.00

33,500.00

Beginning Balance

Account # 110

Credit

Accounts Receivable

Month-Day

7-1

Debit

Beginning Balance

Debit

Credit

18,000.00

Balance

18,000.00 Cr

Snow Le

Lenny’s Lawn Service, Inc. – General Ledger
Account # 200

Accounts Payable

2015

Journal

Month-Day

7-1

Page #

Account # 205

Journal
Page #

Journal
Page #

Journal
Page #

2015

Journal

Credit

Page #

Debit

8,000.00 Cr

Balance

0.00

0.00 Cr

Note Payable

2015

Journal
Page #

Debit

Credit

0.00
35,000.00

Beginning Balance

7-1

1

Balance

0.00 Cr
35,000.00 Cr

Common Stock

2015

Journal

Month-Day

Page #

Debit

Credit

50,000.00

Beginning Balance

Account # 305

0.00 Cr

Balance

Credit

Beginning Balance

Account # 300

Balance

8,000.00

Month-Day

Balance

50,000.00 Cr

Retained Earnings

2015

Journal

Month-Day

Page #

7-1

Credit

Dividends Payable

Month-Day

7-1

Debit

Beginning Balance

Account # 250

0.00 Cr

Unearned Revenue

2015

Account # 220

Balance

0.00

Month-Day

7-1

Debit

Beginning Balance

Account # 215

0.00 Cr

Interest Payable

2015

7-1

Credit

0.00

Month-Day

7-1

Debit

Beginning Balance

Account # 210

Balance

Wages Payable

2015

7-1

Credit

0.00

Month-Day

7-1

Debit

Beginning Balance

Beginning Balance

Debit

Credit

48,125.00

Balance

48,125.00 Cr

Snow Le

Lenny’s Lawn Service, Inc. – General Ledger
Account # 400

Service Revenue

2015

Journal
Page #

Month-Day

7-1

Account # 500
2015

2015

Balance

0.00 Dr

Credit

0.00

Balance

0.00 Dr

Truck Rental Expense

2015

Journal
Page #

Month-Day

Debit

Credit

0.00

Beginning Balance

Balance

0.00 Dr

Depreciation Expense

2015

Journal
Page #

Month-Day

Debit

Credit

0.00

Beginning Balance

Balance

0.00 Dr

Interest Expense

2015

Journal
Page #

Month-Day

7-1

Credit

Debit

Beginning Balance

Account # 550

0.00 Dr

0.00

Journal
Page #

Account # 520

Balance

Wages Expense

2015

7-1

Debit

Beginning Balance

Month-Day

7-1

Credit

0.00

Journal
Page #

Account # 515

0.00 Cr

Mower Repair Expense

Month-Day

7-1

Debit

Beginning Balance

Account # 510

Balance

0.00

Journal
Page #

Account # 505

7-1

Credit

Supplies Expense

Month-Day

7-1

Debit

Beginning Balance

Beginning Balance

Debit

Credit

0.00

Balance

0.00 Dr

24a19

Snow Le

87156292

Lenny’s – July 31, 2015 Pre-Closing Trial Balance
Account #

Account Name

Debit

100

Cash

105

Accounts Receivable

110

Supplies

150

Equipment

155

Accumulated Depreciation

200

Accounts Payable

205

Wages Payable

210

Interest Payable

215

Unearned Revenue

220

Dividends Payable

250

Note Payable

300

Common Stock

305

Retained Earnings

400

Service Revenue

500

Supplies Expense

505

Mower Repair Expense

510

Wages Expense

515

Truck Rental Expense

520

Depreciation Expense

550

CAUTION
Enter amounts into the Pre-Closing
by typing in the amounts.

Credit

Interest Expense

Do NOT copy cells from the Genera

Totals

0.00

0.00

Snow Le

87156292

Lenny’s Lawn Service, Inc.
Income Statement

CAUTION
Enter amounts into the Financial Statements by typing in the amounts.
Do NOT copy cells from the General Ledger or Pre-Closing Trial Balance.

for the Month Ended July 31, 2015
Service Revenue
Operating Expenses:
Supplies
Mower Repair
Wages
Truck Rental
Depreciation
Total Operating Expenses
Income from Operations

Note the new line item on Lenny’s Income Statement
Income from Operations. This is Lenny’s income from
the normal operations of the lawn mowing business.
Interest Expense, which is not a cost of operating the
below Income from Operations. Interest Expense is subtracted
from Income from Operations to arrive at Net Income.

0.00
0.00

Interest Expense
Net Income

\$0.00

Lenny’s Lawn Service, Inc.
Statement of Stockholders’ Equity
for the Month Ended July 31, 2015
Common
Stock

Retained
Earnings

Beginning Balance July 1, 2015
Issue Common Stock
Net Income
Dividends
Ending Balance July 31, 2015

\$0.00

\$0.00

Total
\$0.00
0.00
0.00
0.00
\$0.00

This is the first time you have prepared a formal Statement of
Stockholders’ Equity for Lenny’s. This statement shows what
caused the change in Common Stock and in Retained Earnings
from July 1, 2015 to July 31, 2015. Note that the Retained Earnings
column on the statement looks different than the calculation you
have been doing each month to determine the Retained Earnings
amount needed for the Balance Sheet. Beginning Balance is the
starting amount. In previous Retained Earnings calculations, you
used Current Balance as the starting amount. Beginning Balance
is the starting point for this calculation, because Dividends is shown
as a line item (a deduction) in the Retained Earnings column.
The Ending Balance in the Retained Earnings column is the balance
needed for the Balance Sheet.

Snow Le

Lenny’s Lawn Service, Inc.
Balance Sheet

87156292

CAUTION
Enter amounts into the Balance Sheet by typing in the amounts.
Do NOT copy cells from the General Ledger or Pre-Closing Trial B

as of July 31, 2015
Assets
Current Assets:
Cash
Accounts Receivable
Supplies

Note the following three new sub-totals appearing on
Lenny’s Balance Sheet:
Total Current Assets

0.00

Property & Equipment:
Equipment
Accumulated Depreciation
Property & Equipment, net

0.00

Total Assets

\$0.00

Liabilities & Stockholders’ Equity
Current Liabilities:
Accounts Payable
Wages Payable
Interest Payable
Unearned Revenue

Total Current Assets is a total of those assets,
which will turn-into cash during the next 12 months or
be consumed during the next 12 months. The
comparison of Total Current Assets to Total Current
Liabilities gives some indication of Lenny’s liquidity -that is, its ability to pay its bills in the short-term.
Property & Equipment, net is the amount of Fixed
Asset cost, which remains to be depreciated in future
accounting periods.
Total Current Liabilities is a total of those
liabilities that will require payment in the next 12
months. In the case of Unearned Revenue, this
current liability will be "paid-off" by Lenny’s delivering
mowing services to the university.

Total Current Liabilities
Long-Term Liabilities:
Note Payable

0.00

Total Liabilities

0.00

Total Stockholders’ Equity

0.00

Total Liabilities & Stockholders’ Equity

\$0.00

Stockholders’ Equity:
Common Stock
Retained Earnings

Snow Le

87156292

Lenny’s – July 31, 2015 Post-Closing Trial Balance
Account #

Account Name

Debit

100

Cash

105

Accounts Receivable

110

Supplies

150

Equipment

155

Accumulated Depreciation

200

Accounts Payable

205

Wages Payable

210

Interest Payable

215

Unearned Revenue

220

Dividends Payable

250

Note Payable

300

Common Stock

305

Retained Earnings

400

Service Revenue

500

Supplies Expense

505

Mower Repair Expense

510

Wages Expense

515

Truck Rental Expense

520

Depreciation Expense

550

CAUTION
Enter amounts into the Post-Closing
by typing in the amounts.

Credit

Interest Expense

Do NOT copy cells from the Genera

Totals

0.00

0.00

Student’s Name: Snow Le
Project Id Code: 87156292
Class Time: Web
Instructor: Dr Moore

Lenny’s Lawn Service, Inc.

Pre-Closing Trial Balance
Cash
Accounts Receivable
Supplies
Equipment
Accumulated Depreciation
Accounts Payable
Wages Payable
Interest Payable
Unearned Revenue
Dividends Payable
Note Payable
Common Stock
Retained Earnings
Service Revenue
Supplies Expense
Mower Repair Expense
Wages Expense
Truck Rental Expense
Depreciation Expense
Interest Expense

On the Pre-Closing Trial Balance
(A)Total Debits = (B)Total Credits

On the Balance Sheet
(A)Total Assets = (B)Total Liabilities + Stockholders’ Equity
(A)Retained Earnings = (B)Retained Earnings on Stat. of Stockholders’ Equity
(A)Common Stock = (B)Common Stock on Statement of Stockholders’ Equity

On the Income Statement
(A)Net Income = (B)Revenue less Expense Accounts on the Pre-Close Trial Bal.

On the Statement of Stockholders’ Equity
(A)Net Income used in Calculating Ending RE = (B)Net Income on Income Stat.

On the Post-Closing Trial Balance
(A)Retained Earnings = (B)Retained Earnings on the Balance Sheet
(A)Total Debits = (B)Total Credits
(A)Total of Exp. & Div. Accts should be 0 and (B)Service Rev. Acct should be 0

### 100% Plagiarism Free & Custom Written

International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

Company # 11483120

## STILL NOT CONVINCED?

We've produced some samples of what you can expect from our Academic Writing Service - these are created by our writers to show you the kind of high-quality work you'll receive. Take a look for yourself!

View Our Samples

## Benefits You Get

• Free Turnitin Report
• Unlimited Revisions
• Installment Plan
• Plagiarism Free Guarantee
• 100% Confidentiality
• 100% Satisfaction Guarantee
• 100% Money-Back Guarantee
• On-Time Delivery Guarantee

+44 7340 9595 39
+44 20 3239 6980
[email protected]
AKOSZTEC “International House, 12 Constance Street, London, United Kingdom, E16 2DQ”

Hire Researcher
Rated 4.7/5 based on 8956 Reviews

## Supporting Pages

FLAT 25% OFF ON EVERY ORDER. Use "FLAT25" as your promo code during checkout