Please answer the future periods benefited from these assets, the economic benefits gained from these assets, and what prior transaction or event led to each of these assets.

Part 1 Economic Benefit Future period Prior Transaction or Event Item Cash Accounts Receivable Inventory Equity Investment Building Land Patent Research/Development Part 11 In your opinion, why did the FASB include the "probable" qualifier in its definition. Please record your response below. Part 1 Economic Benefit Future period Prior Transaction or Event Item Cash Accounts Receivable Inventory Equity Investment Building Land Patent Research/Development Part 11 In your opinion, why did the FASB include the "probable" qualifier in its definition. Please record your response below