29 ed out of Meyer & Smith is a full-service technology company. They provide equipment, installation services as well as training. Customers can purchase any product or service separately or as a bundled package. Container Corporation purchased computer equipment, installation and training for a total cost of $144,000 on March 15, 2021. Estimated standalone fair values of the equipment, installation, and training are $90,000, $60,000, and $30,000 respectively. The transaction price allocated to equipment, installation and training is Lion Select one: O A. $72,000, $48,000 and $24,000 respectively. O B. $144,000 for the entire bundle. O C. $90,000, $60,000, $30,000 respectively. O D. $48,000, $48,000, $48,000 respectively. Deferred taxes should be presented on the balance sheet Select one: O A. as either noncurrent or current. O B. as reductions of the related asset or liability accounts. O C. as a current amount. O D. as a noncurrent amount. Next pa In 2021, Brock Lee Vegetables issued $1 par value common stock for $30 per share. No other common stock transactions occurred until March 31, 2023, when Brock Lee reacquired some of the issued shares for $25 per share and resold them for $20 per share. Which of the following statements is true for this acquisition and resale? Select one: O A. Additional paid-in capital is increased. O B. 2023 net income is decreased. O C. 2023 net income is increased. O D. Retained earnings is decreased. Proceeds from an issue of debt securities having stock warrants should not be allocated between debt and equity features when Select one: O A. the warrants issued with the debt securities are nondetachable. O B. exercise of the warrants within the next few fiscal periods seems remote. O C. the market value of the warrants is not readily available. O D. the allocation would result in a discount on the debt security. Next page ge