Complete the following sentences and solve it:

a. Buildings and Equipment are subject to a cost allocation process known as _________________________, Intangible Assets are subject to a cost allocation process known as _____________________, while Natural Resources are subject to a cost allocation process known as _____________________________.

b. Copyrights, trademarks, patents, and goodwill are all examples of _____________________________ and are located in the _______________________ section of the balance sheet

c. Describe the difference between Accounts Receivable and Notes Receivable. ______________________________________________________________________________________________________________________________________________________

d. Describe the difference between a Capital Lease and an Operating Lease.

e. An automobile is purchased on Jan 1, 2017 for $35,000 and is depreciated using the straight-line method with a useful life of 5 years and no salvage value.

A) Calculate the annual depreciation expense amount for all 5 years (2017 - 2021), and indicate which financial statement this amount would appear on each of those years.

B) Calculate the accumulated depreciation amount at the end of each of those 5 years, and indicate which financial statement this amount would appear on each of those years.

C) Calculate the net book value at the end of each of those 5 years (2017-2021), and indicate which financial statement this amount would appear on each of those years.