Please answer 16 multiple choice questions for my intermediate accounting class, you only need to submit your final answers

3' Chrome File Edit View History Bookmarks People Window Help 06$. impictimidetern an: El WileyPLUS x u 'chfl'Z 'x K.\" renewmcs 2: r): KG ms Lumpesum a: K G suniam comps x D 8 C' l 6 Secure https:/ledugen.wileyplus.comledugen/lti/main.uni 5E3 Apps 9:5 Log In to Canvas re-s 0.: CengageBrain - Lo... 3' Google Translate I Active Orders m McGraw-Hill Connect E other Bookmarks WileyPLUS ASSIGNMENT RESOURCES Mid-term Multiple Choice Question 28 Multiple Choice Question 41 El Multiple Choice Question 70 Multiple Choice Question 85 Multigle Choice Question 100 Multigle Choice Question 114 Multigle Choice Question 26 Multiple Choice Question 49 MultlQle Cholce Question 68 Multiple Choice Question 87 Multiple Choice Question 107 Multigle Choice Kleso, Intermedlate Accountlng, 16o Help | S stem Announcements CALCULATOR PRINTER VERSION mm m Multiple Choice Question 92 Crane Corporation purchased a patent for $133500 on September 1, 2016. It had a useful life of 10 years. On January 1, 2018, Crane spent $32000 to successfully defend the patent in a lawsuit. Crane feels that as of that date, the remaining useful life is 5 years. What amount should be reported for patent amortization expense for 2018? (7 $27760. (T $29540. C $23140. '7', $30430. Click if you would like to Show Work for this question: Ogen Show Work Question Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER Question 94 Multiple Choice Question 23 Multiple Choice Question 34 Multiple Choice Question 66 we... https:I/edugen.wileypl us.com/edugen/shared/assignment/test Finan 'al Auditing D k Graduation 2017 International Accounting \" MPAc Related 6 chrome File Edit View History Bookmarks People Window Help . 0 i-f'liapictimidete'rh x: if WileyPLUS x Hum: x KB mammals 2m\\ Question 85 mm Multi Ie Choice uestion 95 777 7 Question 100 P Q E gMlettilgncrce El Your answer IS Incorrect. Try again. Multiple Choice Question 25 Crane Company bought a machine on January 1, 2008 for $804000. The machine had an expected life of 20 years and was expected to have a salvage 7 Multiple Choice value of $76000. On July 1, 2018, the company reviewed the potential of the machine and determined that its future net cash ows totaled $407000 and Question 49 its fair value was $295000. If the company does not plan to dispose of it, what should Crane record as an impairment loss on July 1, 2018? 7 El Multiple Choice Question 68 if Multiple Choice Question 87 $40700 Multiple Choice Question 107 A $126800 El Multiple Choice Question 94 $14800 ,7 Multiple Choice Question 23 A $0 7 Multiple Choice Question 34 Multiple Choice . . . _ _ . Question 66 Click If you would like to Show Work for this question. Open Show Work El Multiple Choice Question 78 El Multiple Choice 0 uestion 95 Multi le Choice ques'im' Attempt\" 1 f 2 \"s\" SAVE F\" \"'7\" 7 l ._L.__._ Question 110 Multiple Choice Question 30 Multiple Choice Question 50 laiting for extension Goodblock Ad Blocker... I@q'@i0@%%@@ . . Chrome File Edit '23 LAJ 9495-. View History Bookmarks People Window Help Sun10244PM Q Q a: . . M Winterzm 7 Diplomas Availabl x \\ Practice Question 39 El Incorrect. Laboratory research aimed at discovery of new knowledge of $4,295,000 plus costs of testing prototype and design modications of $712,500 totals $5,007,500. Quality control during commercial production, including routine testing of products is not an R&D activity and the purchase of research facilities having an estimated useful life of 20 years with alternative future use in other R&D projects would be capitalized. The company won't account for depreciation expense as R&D in 2017. Lumberyard Inc. incurred the following costs during the year ended December 31, 2017: Laboratory research aimed at discovery of new knowledge $ 4,295 000 I Cass of testing prototype and design modications 712,500 Quality control during commercial production, including routine testing of products 485,000 On December 31, 2017, purchase of research facilities having an estimated useful life of 20 years with alternative future use in other . 7,360,000 research & development prOJecs The total amount to be classied and expensed as research and development in 2017 is 0 $5,492,500. ",7 $12,367,500. "2 $5,007,500. \"' $4,780,000