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Case Assigru'nent - lGroup Project ADMS 3595 2'01? Fall Due Date : December 8, 219 (11:59 pm) 7'. One of WI's client, Moore Restaurant, sued

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Case Assigru'nent - lGroup Project ADMS 3595 2'01? Fall Due Date : December 8, 219 (11:59 pm) 7'. One of WI's client, Moore Restaurant, sued the company for providing inferior quality products, which caused them to lose some major customers. Moore has yet to provide evidence to prove the loss. W'I's lawyer is quite certain the case will be thrown out of court. 3. A customer can purchase WI's wine in the store at the winery and, starting in mm, through the new website. A customer can become a member of WI's new wine club. To join the club, a $200 annual fee is paid. In return, the member is shipped one bottle of wine a month. As part of the annual fee, members receive a free subscription to the Wine Digest, which could be purchased on its own. If the member likes the wine, he or she can then order a case tlnough the website at a 10% discount. 9. The new winery was completed by the beginning of the summer of 2'319. The old winery has been declared a heritage site that cannot be torn down. This has been converted into two stores, which were rented out to two separate tenants with a two-year lease. One store sells local crafts and the other is a fanners market. Lease payments are a small fee of $100 a month plus 10% of revenues. Once WI has enough cash, the company wants to convert this building into a restaurant. 1E1. For tax planning purposes when converting to a corporation, WI issued term preferred shares to the owners. These shares have a cumulative dividend of [(1% and a mandatory repayment date in 10 years. Any unpaid dividends must be repaid at that date. 11. W1 has been depreciating equipment over a 1D year life on a straight line basis. The equipment, which cost $ 24,0130, was purchased on January I, 2015. It has an estimated residual value of $ 6,090. 011 the basis of experience since acquisition, management has decided in 2019 to depreciate it over a total life of 14 years instead of 10 years, with no change in the estimated residual value. The change is to be effective on January 1, 2019. Required: Prepare the report requested

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