Accounting ( please with the formula and the explanation)

Please, if you are not 100% sure that your answer will be correct, or if you cannot answer the question in an organized manner, or if you cannot answer all the elements of the question correctly, where you can explain properly, and clearly every step of your solution. Kindly LEAVE the question to someone who is an expert in the topic, and can answer it as it needed to be answered, everything without mistakes. Please don't just copy others solutions from Chegg.

if you will answer me don't forget 2 and 3 and 4 and 5 because is very important

EXERCISE 4:

During the current year, Daisey Corporation incurred the following expenditures, which should be recorded either as operating expenses or as intangible assets.

1. Expenditures were made for the training of new employees. The average employee remains with the company for five years, but is trained for a new position every two years.

2. Daisey purchased a controlling interest in a wallpaper company. The expenditure resulted in recording a significant amount of goodwill. Management expects to earn above-average returns on this investment indefinitely.

3. Daisey incurred large amounts of research and development costs in developing a superior product. The company expects that it will be patented and that sales of the resulting products will contribute to revenue for at least 40 years. The legal life of the patent, however, will be only 20 years.

4. Daisey made an expenditure to acquire the patent on a product identified as a matrix. The patent had a remaining legal life of 10 years, but Daisey expects to produce and sell the product for only four more years.

5. Daisey spent a large amount to sponsor the televising of the World Series. Managements intent was to make television viewers more aware of the companys name and product lines.

Instructions:

Explain whether each of these expenditures should be recorded as an operating expense or an intangible asset. If you view the expenditure as an intangible asset, indicate the number of years over which the asset should be amortized. Explain your reasoning.

(5 points for the correct explanation per each of the above five paragraphs)