9. Nickest Meats purchased a delivery truck on September 30, 2018, for $32,000. The estimated useful life of the truck is 10 years with no residual value. After five years, the refrigeration unit will need to be replaced. The $8,000 cost of the unit is included in the cost of the truck. Nickest uses the straight-line depreciation method. Depreciation for 2018 under United States GAAP and International Financial Reporting Standards (IFRS), respectively, is: O A. United States GAAP: $ 800; IFRS: $1,000. O B. United States GAAP: $3,200; IFRS: $3,200. O C. United States GAAP: $3,200; IFRS: $4,000. O D. United States GAAP: $ 800; IFRS: $ 800. 11. Microsilicon Technology began a new development project in 2017. The project reached technological feasibility on September 1, 2018, and was available for release to customers at the beginning of 2019. Development costs incurred prior to September 1, 2018, were $4,200,000 and costs incurred from June 30 to the product release date were $1,800,000. The 2019 revenues from the sale of the new software were $3,000,000, and the company anticipates additional revenues of $12,000,000. The economic life of the software is estimated at three years. Amortization of the software development costs for the year 2019 would be O A. $1,400,000. O B. $600,000. O C. $2,000,000. O D. $360,000 18. Below is information relative to an exchange of similar assets by Wind River Corp. Assume the exchange has commercial substance. Cash Old Equipment Book Value Fair Paid Value $60,000 $15,000 Case $50,000 Case $40,000 $35,000 $8,000 In Case A, Wind River would record the new equipment at O A. $60,000. O B. $75,000. O c. $65,000. O D. $50,000