Privately owned BlueScreen Corporation is primarily a retailer of computer equipment for individuals and small business. The company also develops software intended for small business applications$$that is$,$ for companies with up to $500$ employees. The software is sold in BlueScreen$$s 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. BlueScreen follows ASPE and has the following accounting issues to determine: What inventory costing method should be used for retail merchandise in its stores and warehouses. How the software development cost should be accounted for. How the company should amortize its tangible capital assets, such as the warehouse building and store fixtures. The company spends many millions of dollars every year on professional development programs. All the company$$s personnel$$retail$,$ managerial, and software development$$attend professional development programs to keep their skills at the cutting edge of performance. How should these professional development costs be accounted for? 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: Earnings maximization Cash flow prediction Earnings minimization