Question: Please complete the missing amounts. show the process of solving. show on both methods. Year 1 Method 1 Revenue $1,000,000.00 Expense $500,000.00 Net Income ????????????
Please complete the missing amounts. show the process of solving. show on both methods.
| Year 1 | |||
| Method 1 | |||
| Revenue | $1,000,000.00 | ||
| Expense | $500,000.00 | ||
| Net Income | ???????????? | ||
| Method 2 | |||
| Revenue | ????????????? | ||
| Expense | $650,000.00 | ||
| Net Income | ($50,000.00) loss | ||
| Alternative Accounting Methods | ||
| Year 2 | ||
| Patent | No Patent | |
| $2,500,000.00 | 0 | |
| $1,250,000.00 | $1,750,000.00 | |
| ?????????? | ????????????? | |
| $5,000,000.00 | $750,000.00 | |
| ???????????? | $700,000.00 | |
| $2,000.000.00 | ????????? | |
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