In the following TBS, you are to complete various tasks related to accounting for intangible assets. All information necessary to do your work is provided. Metro Co. lists several items in the spreadsheet below. In the second column indicate whether the item is an intangible asset and how it is classified by clicking on the related cell in that column and selecting from the options provided in the popup list. In the third column indicate the appropriate capitalization of related expenditures for the item. In the fourth column, select the appropriate choice for amortization. In the last column select the appropriate choice for recognizing impairment losses. Each solution choice from the options popup lists may be used once, more than once, or not at all. Item Classification Capitalization Amortization Trademark Customer list Copyright Franchise (initial fee) Software development Research and development Patent Goodwill TBSFC00228 Classification In the following TBS, you are to complete various tasks related to accounting for intangible assets. All information necessary to do your work is provided. Metro Co. lists several items in the spreadsheet below. In the second column indicate whether the item is an intangible asset and how it is classified by clicking on the related cell in that column and selecting from the options provided in the popup list. In the third column indicate the appropriate capitalization of related expenditures for the item. In the fourth column, select the appropriate choice for amortization. In the last column select the appropriate choice for recognizing impairment losses. Each solution choice from the options popup lists may be used once, more than once, or not at all. Item Classification Capitalization Amortization Trademark Customer list Definite life intangible Definite or indefinite life intangible Indefinite life intangible Not an intangible Part definite life intangible, part not intangible Copyright Franchise (initial fee) Software development Research and development Patent Goodwill related to accounting for intangible assets. All information necessary to do n the second column indicate whether the item is an intangible asset and column and selecting from the options provided in the popup list. In the third expenditures for the item. In the fourth column, select the appropriate propriate choice for recognizing impairment losses. Each solution choice an once, or not at all. Capitalization Amortization Impairment No expenditures Only expenditures made to external parties Only expenditures beyond technological feasibility related to accounting for intangible assets. All information necessary to do In the second column indicate whether the item is an intangible asset and column and selecting from the options provided in the popup list. In the third d expenditures for the item. In the fourth column, select the appropriate bpropriate choice for recognizing impairment losses. Each solution choice han once, or not at all. Capitalization Amortization Impairment Amortize Amortize expenditures beyond technological feasibility Depends on whether definite or indefinite life Do not amortize 9 9 9 9 9 9 9 9 related to accounting for intangible assets. All information necessary to do In the second column indicate whether the item is an intangible asset and column and selecting from the options provided in the popup list. In the third expenditures for the item. In the fourth column, select the appropriate ppropriate choice for recognizing impairment losses. Each solution choice an once, or not at all. Capitalization Amortization Impairment Depends on whether definite or indefinite life Fair value test Net realizable value test for capitalized amount Not subject to impairment Recoverable cost test > >