Ch 09 Obj 4-6 Question Explain how the following are depreciated/depleted/amortized - (a) which costs are added (freight, taxes, legal fees, etc), (b) for how long (how many years), (c) any salvage value, (d) which method is used (straight-line, units-of-activity, etc), (e) how are they reported in the financial statements? 1. Natural resources 2. Patents 3. Goodwill 4. Research & development costs d) If a note pro note provided for payment of principal of $85,000 and interest at the rate of 6%, will te interest amount to $5,100 ? Explain. Is there any time when the interest calculated would not equal $5,2007 Ch 10 Obj 1&2 Question Employees are subject to taxes withheld from their paychecks. (a) List the federal taxes withheld from most employee paychecks. (b) Give the title of the accounts credited by amounts withheld. (c) Why are deductions from employees' earnings classified as liabilities for the employer