Correy Corp. and its divisions are engaged solely in manufacturing operations. The following data (consistent with prior years' data) pertain to the industries in which operations were conducted for the year ended December 31st. B Identifiable Total Operating assets at Industry revenue profit 12/31 A $10,000,000 $1,750,000 $20,000,000 8,000,000 1,400,000 17.500.000 6,000,000 1,200,000 12,500,000 D 3,000,000 550,000 7,500,000 E 4,250,000 675,000 7,000,000 F 1,500,000 225,000 3,000,000 $32,750,000 $5,800,000 $67,500,000 In its segment information for the year, how many reportable segments does Correy have? O Four O Five O Three Six (a) The agreement requires equal rental payments at the beginning each year. (b) The fair value of the building on January 1, 2021 is $6,000,000; however, the book value to Holt is 54,950,000 (c) The building has an estimated economic life of 10 years, with no residual value. Yancey depreciates similar buildings using the straight-line method. (d) At the termination of the lease, the title to the building will be transferred to the lessee. (e) Yancey's incremental borrowing rate is 11% per year. Holt Warehouse Co. set the annual rental to insure a 10% rate of return. The implicit rate of the lessor is known by Yancey, Inc (The yearly rental payment includes $15,000 of executory costs related to taxes on the property. Yancey, Inc. would record amortization expense on this asset in 2021 of (rounded to the nearest dollar) SO. $495,000 O $976,471 O $610,139