12. According to the FAS'conceptual framework the call of the following of comprehensive income includes which Yes Ver During what A) SS, B) 400.000 C) 2.850,000 D) $1,500,000 12. According to the FASB's conceptual framework, the calculation of comprehensive income includes which of the following? Distributions to O cts Income from Continuing Operations No Yes No Yes Yes Yes No 13. According to the FASB's conceptual framework, what does the concept of faithful representation include A) Verifiability B) Predictive value C) Materiality Verifiability D) Neutrality 14. According to the FASB's conceptual framework, which of the following is an essential characteristic of an A) The claims to an asset's benefits are legally enforceable. B) An asset is tangible. C) An asset is obtained at a cost. D) An asset provides future benefits. 15. Which of the following is an application of national and systematic allocation? A) Amortization of intangible assets. B) Sales commissions. C) Research and development costs. D) Officers' salaries. 16. Eaton Co sells major household appliance service contracts for cash. The service contracts are for a one- year, two-year, or three-year period. Cash receipts from contracts are credited to Unearned Service Revenue. This account had a balance of $5.700.000 at December 31, 2017 before year-end adjustment Service contract costs are charged as incurred to the Service Contract Expense account, which had a balance of S1.350.000 at December 31, 2017 Service contracts still outstanding at December 31, 2017 expire as follows: During 2018 $1.440,000 During 2019 1,710,000 During 2020 1,050,000 What amount should be reported as Uncamed Service Revenue in Eston's December 31, 2017 balance sheet? A) $4,350,000 B) $4,200,000 C) $2,850,000 D) $1,500,000