Reuirod : Indkate the ditferences in aceonnting treatment under IF IS and under US GAAP for the following sisuations as of Decendect 31,2022 : At the end of the year 2022, the ieventocy informalion was as follows: Historical cost of $250,000 Rcplacemest cost $180,000 Net Realiable Value $210,000 Normal peofit makin of 15% 2. Propery. plain and equipener The company acquired a baikting at the beginning of 2021 with the follewing ioformation: Cost of 52,750.000 Fistimand uscful life of 25 years F.stimated residul value of $250,000 It is depecciated usisg the straight-line method. A the begianing of 2022, the market value of the building was 53,250000 . There is no change in residual valoe or estimated useful life. 3. Intingble assets As part of a business combination in 2010 , the coerpary acquirs a brand with a maket value of $40,000. The brand is elassifiod as an intargible asset with an indelinife life. In the year 2002 , a was determinod that the lerand has: A a sale price of $35,000 with $0 conts to sell - Expockd future cash flows from conkinuod use of the \$42,000 hrand - Present value of future cash flows of $34,500 4. Restarch and devologencit ctels The company incurid reicurch and developanent costs of 3300,000 in 2022. Of that amount, 407 is related to development activities. The criveris for clasifying the disbursement as an intangible asse are mee. Au the chd of the yeat 2022 the new probset has ax ben oomplecd