Question: 34. (12 points) For each item listed below, enter a code letter in the blank space to indicate the allocation terminology for the item. Use

34. (12 points) For each item listed below, enter a code letter in the blank space to indicate the allocation terminology for the item. Use the following codes for your answer: A-Amortization P-Depletion D-Depreciation NNone of these 7. Timberlands 1. Goodwill 2. Land 8. Franchises (indefinite life) 3. Buildings 9. Licenses (limited life) 4. Patents 10. Land Improvements 11. Oil Deposits 5. Copyrights 12. Equipment 6. Research and development costs

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