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9. Under weighted-average method, what is the gross profit for April 2022? $230 $240 $250 $260 QUESTION 10 Q 10-12 On May 1, 2022, Guerrero
9. Under weighted-average method, what is the gross profit for April 2022? $230 $240 $250 $260 QUESTION 10 Q 10-12 On May 1, 2022, Guerrero Rocher Company bought a trademark for $3,000,000. Guerrero estimates to use the trademark for fifteen years. Its estimated residual value is $0. Guerrero uses straight-line method for the amortization. Q10. What amount of amortization expense is recognized in 2022 for the trademark? $111,111 $122,222 $133,333 $144,444 Q11. What is the net book value of the trademark on Dec. 31, 2023? $2,555,557 $2,666,667 $2,777,777 $2,888,887 QUESTION 12 Q12. If Guerrero sells the trademark on July 31, 2024, for $2,700,000, what is the gain or loss from the sale? $11,111 gain $11,111 loss $41,111 gain $41,111 loss
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