Instructions: Please provide your responses in the text field below. You should label your responses A), B), C) and so on. Intangible Assets: A) How often should organizations test intangible assets for impairment? (Provide a timeframe) (5 pts) B) Limited-Life intangible assets should be amortized. (Please respond by writing True or False. You must select one answer - you must state "True" or "False" - not both) (5 pts) C) Indefinite-Life intangible assets should be amortized. (Please respond by writing True or False. You must select one answer - you must state "True" or "False" - not both) (5 pts) Capitalizing vs. Expensing: Instructions: Classify each expenditure below (D & E) by writing the word "capitalize" or "expense" D) A series of repairs for $65,000 were made to the wood structure, which stores tools and other industrial equipment; the cost of the structure was not known. However, these repairs are estimated to increase the useful life of the structure. (5 pts) E) Isotronics incurred $13,500 in organization and startup cost to establish its business as a C Corporation. What is the correct accounting treatment for these costs? (5 pts) Instructions: Write your answers in the text box and label them accordingly (e.g.. A), B) etc.)