A fixed asset typically goes through the life cycle of acquisition, usage, and disposal. For each of these stages of the life cycle, discuss one key accounting issue related to a fixed asset the company must address.Cost of acquiring plant assetsLong$-$Term Assets: Cost of Plant Assets $-$ YouTubeDepreciation methodsDepreciation methodsIRS' MACRS tableIRS' MACRS depreciationDepletion of natural resourcesDepletion accountingAmortization of intangible assetsAmortization of Intangible Assets $|$ Definition $|$ Merits $|$ Uses $-$ YouTubeAsset impairmentImpairment of long$-$term assets Disposal of plant assetsDisposal of Plant Assets $-$ YouTube