Required : Identify how each account should be classified on the financial statements using the following accounts from A-G.

answer questions 1-10 using the multiple choice options A-G A.Long-term Liabilities

B. Intangible

C. Research & Development Expense

D.Operating Expense

E. Non-operating Expense

F.Current Assets

G.Property, Plant and Equipment

1.Cost of engineering activity to advance a new product design

2.Costs of forming a new corporation

3.Training costs of a new business

4.Purchase costs for a franchise

5.Costs of testing a new product

6.Goodwill acquired with a business purchase

7.Cost of developing a patent

8.Impairment of a patent

9.Unrecovered costs of a successful defense of a patent

10.Cost of equipment acquired for research and development projects; the equipment has an alternative future use