According to chegg policy, three questions are answered in a question. Please answer the questions

8. The following information was taken from the fixed asset records of Bosco Ltd. as of December 31, 2020: Carrying value 100,000 Selling price 85,000 Costs of disposal 3,000 Expected future cash flows 75,000 Present value of expected future cash flows 63,000 What is the amount of impairment loss under U.S. GAAP? * (2 Points) 25.000 37.000 18.000 15,000 5. It is generally believed that the 1997 financial crisis in East Asia was partly due to accounting factors in that part of the world. Which of the following accounting values was lacking in that part of the world and thereby contributed to the crisis? * (2 Points) Professionalism Statutory control Uniformity Transparency 6. According to IAS 16 (Property, Plant and Equipment), what is the term used to indicate the amount for which an asset could be exchanged between knowledgeable, willing parties in an arm's length transaction? (2 Points) Replacement cost Net realizable value Fair value E Historical cost