purchased Beta Company fo 59,000,000 in cash. The book value eof s net ientifiable assets at the tinse of purchase was $5,000,000. The fair ,uld rha Company record as goodwill from this purchase? 4 Alpha Company ieta Cpany' ta Company's wet identifiable assets at the time of parchane wan S,00.0 How m ch A. 54.000,000 R $3,000,000 C 31.000,000 D. $17,000,000 E None of the above. S. Which of the following would not be included as part of R&D expense? A. Salaries and wages for employees working on R&D projects R. Filing and legal costs associated with the patent developed from R&D projects C. Cost of supplies consumed to support R&D projects D. The parchase price of equipement that has no alternative future use besides the current R&D project Use the following information to answer the following three questions. On January 1.2018, Jose's Water Works purchased equipment for $40,000. Residual value at the end of an estimated four-year service life is expected to be $4,000. The company expects the machine to operate for 20,000 hours. The machine operated for 2,700 and 3,500 hours in 2018 and 2019 respectively 6. Calculate depreciation expense for 2018 using the straight-line method. A. $4,000 B. $10,000 C. $3,600 D. $9,000 E. None of the above. 7. Calculate depreciation expense for 2018 using the sum-of-the-year's digits method. A. $14,400 B. $13.200 C. $12,900 D. $10,000 E. None of the above