Question: do both questions please BRIEF EXERCISES equip $42,00 update sify capital assets. 1) BE10 tonne life of (a) BE10-1 Indicate whether each of the following

do both questions please do both questions please BRIEF EXERCISES equip $42,00 update sify capital assets.

BRIEF EXERCISES equip $42,00 update sify capital assets. 1) BE10 tonne life of (a) BE10-1 Indicate whether each of the following assets is property, plant, and equipment (PPE), a natural resource (NR), or an intangible asset (1). If the asset doesn't fit one of these categories, insert NA (not applicable) in the space provided. (a) Patent (i) Cut and processed timber (b) Land (1) Trademark (c) Building (k) Franchise (d) Cash (1) Investment in common shares (e) Licence right (m) Oil well (1) Machinery (n) Coal mine (g) Inventory (o) Natural gas deposit (h) Timber tract (p) Goodwill BE10-2 The following costs were incurred by Plourde Company in purchasing land: cash price, $54,000; accrued property tax, $3,000; legal fees, $2,500; and clearing and grading, $3,500. What is the cost of the land? (b) BE1C 20 ye (a) (b) (c mine cost of land. E) BE at

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