answer 8,10,13,14

answer questions 8 , 10, 14

Based on the facts in question 6, what should be the reduction the lease liability after the payment was made in year 2? A) $6,500 B) 58,500 C) $11,500 D) $20,000 A six-year capital lease entered into on December 31, year 1, specified equal minimum annual lease payments due on December 31 of each year. The first minimum annual lease payment, paid on December 31, year 1, consists of which of the following? Interest Expense Lease Liability Yes 10. On January 1, year 1, Stratego U LLC as lessee signed a five-yea noncancelable equipment payments of $100,000 beginning December 31, year 1. Strategol treated this transaction as a capital lease. The five payments have a present value of $379,000 at January 1, year 1, based on interest of 10%. What amount should Strateg4U report as interest expense for the year ended December 31, year I? A) 527,900 B) $37.900 C) $24,200 D) SO 11. GAAP requires using intrinsic value accounting for employee stock options. TRUE OR FALSE? 12 Compensation expense must be adjusted during the service period to reflect changes in the fair value of options caused by changes in the market price of the underlying shares. TRUE OR FALSEY FX Services granted 15 million of its sl par common shares to executives, subject to forfeiture if ployment is terminated within three years. The common shares have a market price of 58 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives? A) 50 B) 515 million C) 540 million D) 5120 million On January 1, 2018, M Company granted 90,000 stock options to certain executives. The options are exercise o socer than December 31, 2020, and expire on January 1, 2034. Each option can be exercised to squire one share of $1 par common stock for $12. An option pricing model estimates the fair value of the options to be on the date of grant s compensation expense for 2018? What show Mroce A 10.000 B) 0,000 C) $120.000 D) $150.000