help question 1 and 2

What accounting issue arises for recognizing non-monetary transactions? Select one: a. Determining when the substantial risks and rewards of ownership are transferred. b. Determining the amount to be allocated to each performance obligation O.C. Determining the amount at which to record the transaction. O d. Determining the costs incurred or still to be incurred to fulfill the performance obligation Fiesta Corp. purchases a $500,000 face value bond which matures in two years. The coupon rate is 6% and the market rate is 7%. How much premium or discount will be amortized in the first year? Select one: a $9,039,40 O b. $4,367.24 Oc$34,367.24 Od $30,000.00 A fire destroyed the inventory of Mantis Company in June, Reconstructed data follows: Gross margin as a percentage of sales Sales to date of fire Gross purchases to date of fire Purchase returns and allowances to date 40% 460,000 280,000