Que On January 15, 2020, Link Corp. paid $480,000 in property taxes on its factory building for the calendar year 2020. In the first week of April 2020, the corporation made unanticipated repairs to its plant equipment at a cost of $1,200,000. How should these expenses be reflected in Link's quarterly income statements? Three Months Ended 3/31/20 6/30/20 9/30/20 12/31/20 $420,000 $420,000 $420,000 $420,000 $120,000 $520,000 $520,000 $520,000 $120,000. $1,320,000 $120,000 $120,000 $480,000 $1,200,000 $0 $-0.