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Problem 6-8 (AICPA Adapted) Parker Company reported operating expenses as and general or administrative. The adjusted trial balance at the end of the current year

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Problem 6-8 (AICPA Adapted) Parker Company reported operating expenses as and general or administrative. The adjusted trial balance at the end of the current year Please send with complete solution, thank you! distribution 1.450,000 included the following expense accounts 1.500.000 Accounting and legal fees 750,000 Advertising 600.000 Freight out 300.000 Interest 2,250,000 Loss on sale of long-term investment 300,000 Officers'salaries Property taxes and insurance 1,800,000 Rent for office space 1,400,000 Sales salaries and commissions One-half of the rented premises is occupied by the sales department. What total amount should be included in distribution expenses for the current year? a. 6,000,000 b. 3,650,000 e. 1.550,000 d. 4,900,000 Problem 6-9 (AICPA Adapted) Grim Company incurred the following costs during the current year: Property taxes 250,000 Freight in 1,750,000 Donbtful accounts 1,600,000 Officers' salaries Insurance 1,500,000 Sales representative salaries 850,000 Interest on inventory loan 2,150,000 Rescarch and development expense 1,000,000 What amount of these costs should be reported as administrative expenses? a. 2,600,000 b. 3,350,000 c. 5,200,000 d. 4,200,000 500,000

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