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dicateallcorrecta
swersDivide
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suri
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BProfessio
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stituteofCPAsCCompete
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ts’DAlloftheabove三、Practices11O
Ja
12000MarkCoacquiredequipme
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sTheequipme
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estimatedusefullifeof10yearsa
da
estimatedsalvagevalueof5000Thedepreciatio
applicabletothisequipme
twas40000for2000calculatedu
derthesumoftheyears’digitsmethodRequiredDetermi
etheacquisitio
costoftheequipme
tCA210000B250000C225000D2000002O
Ja
22002MarkCoacquiredequipme
ttousei
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sTheequipme
thasa
estimatedusefullifeof10yearsa
da
estimatedsalvagevalueof5000Thedepreciatio
applicabletothisequipme
twas24000for2004calculatedu
derthesumoftheyears’digitsmethod4RequiredDetermi
etheacquisitio
costoftheequipme
tCA220000B250000C224000D2000003October12005CoastFi
a
cialIoa
edBartCorporatio
3000000receivi
gi
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i
emo
th12perce
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otereceivableCoaste
dsitsfiscalyearo
December31a
dmakesadjusti
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Questio
Whatisthereco
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ceBA4187B4085C4090D4000
fRequiredChoosethereco
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ceDA3220B3250C3200D3225
RequiredCalculatethecostofgoodsavailableforsaleCA475000B474000C470000D473000
RequiredCalculatethecostofgoodssoldDA225000B254000C250r