Privately owned BlueScreen Corporation is primarily a retailer of computer equipment for individuals and small business. The effective cost of computer equipment and peripherals, at both the retail and manufacturing levels, has been declining rapidly for many years and shows every sign of continuing that decline. The company also develops software intended for small business applicationsthat is, for companies with up to 500 employees. The software is sold in BlueScreens own stores as well as through the company website. However, most sales come through general software distributors (e.g., download.com). For sales through the distributors, purchasers can obtain a 30-day limited-feature trial by paying an initial fee equal to 10% of the retail price of the software. If the customer decides to buy after 30 days, the trial fee is credited to the total cost of the purchase. On average, about two-thirds of the trials result in final purchase. Software development is a continuous process, including updates of existing software. Some of BlueScreens accounting issues are as follows:

1. What inventory methods should be used for retail merchandise in its stores and warehouses.

2. How the software development cost should be accounted for.

3. How the company should account for tangible capital assets, such as the warehouse building (which it owns), stores (which are leased), and store fixtures.

4. All of the companys personnelretail, managerial, and software developmentare sent annually to professional development programs to keep their skills at the cutting edge of performance. The company spends many millions of dollars on these programs every year. Assume that software development costs are eligible for capitalization.

5. The company opens an average of 20 new stores every year. About five stores are closed every year.

Required: Using the chart below, indicate the accounting policies the company should choose for each of these issues under each of three different primary financial reporting objectives:

ue	Earnings Maximization	Cash Flow Prediction	Earnings Minimization
1.	New: capitalize and amortize	Expense	Expense
2.	New: capitalize and amortize	Operating	Expense
3.	Buildings: straight line	SL or accelerated	Accelerated depreciation
	Leases: operating	Operating	Capital lease
	Fixtures: straight line	SL or accelerated	Accelerated depreciation
4.	Defer and amortize	Amortize by unit-of-sale	Expense
5.	Average cost with LCM	FIFO with LCM	FIFO with LCM
	Closed: expensereport below operating earnings	Expensereport as operating expense	Expensereport as operating expense

This is what i have now i dont know if its right