1) Which subsequent equipment expenditure should beexpensedrather than capitalized?

Question options:

Repair that maintains the equipment's condition

Replacement of equipment with an upgraded model

Reinstallation of the equipment moved to a new factory

Addition to the equipment that increases the quantity of units produced

2) A company purchases a property and starts construction on a new store. Which expenditure or receipt wouldnotbe part of the cost in thelandaccount?

Question 5 options:

Commission fee paid to real estate agency

Cost of land fill and clearing

Cost of parking lots and driveways

Paying delinquent real estate taxes on the property acquired

3 A company determines that Product A's ending inventory has a total NRV of $6,140 and a total cost of $5,860. Product B's ending inventory has a total NRV of $4,450 and a total cost of $4,900. If the company uses thetotal inventory-level of LCNRV, what would be thetotal amount of ending inventoryfor these two products?

Question options:

$10,760

$10,310

$10,590

$21,350

4) A company purchases real estate that includes land with a fair value of $320,000, a building with a fair value of $220,000, and equipment with a fair value of $140,000. If the purchase price of the real estate is $530,000, what amount should be debited to thelandaccount?

Question options:

$249,412

$530,000

$320,000

$150,588