Requirements: Analyze the information above, and prepare a memorandum addressing the correct accounting for the transactions above. In your memo, specifically address the following items: - Apply and explain all relevant ASC sections related to the each transaction - Record all entries for Benjamin. - Show and explain all calculations for each journal entry, and use the ASC to support your assumptions and computations. - Where appropriate, identify alternative journal entries and/or computations that would also agree with the ASC and standard accounting practice. - When alternative treatments are possible, illustrate each alternative, identify the one preferred or "best" treatment, and support your recommendation. - If there are no alternative treatments, explain why this is the case. Show and explain all calculations for each journal entry, and use the ASC to support your assumptions and computations