Review my work on spreadsheet. I know I have to missing something Below are the calculations for this part of the project.

On December 31, 20XX, the company repaired a packaging machine at cost of $27,000.00. It is expected that the repair will extend the life of the machine by four years. No depreciation is necessary this year. The initial entry recorded the repair to the repair and maintenance account. ? The company spent $50,000 to obtain and defend a patent for its formula for dog treats. The patent took effect on 1/1/20XX and provides 20 years of protection. The $50,000 amount was incorrectly charged to Misc. Expense

HOME 31, 2017 Adjusting ortrich Dr Cash 488998.3 Dr 1488.999 34 5.5001000 00 265 000.00 Accounts Receivable 7.092495.83 5.235,00000 7092 49583 Baking Supplies 1.605098.52 1605 09852 Merchandise Inventory 128 15263 128.15263 Propaid Rent 71877.07 Propaid Insurance 71 87707 207 834.14 07 834.14 Mixc Supplies 17.647.42 17.647.42 250000.00 250.00000 Buting 1250000.00 1.250.00010D HEking Equipment 2.254140.0 101.513 84 2382 6538 27 000.00 Accumulated Depred ation 328.28200 52.325.25 380607.25 Acons Payable 1.395.2128 1.535 212 85 Wages Payable 250.20831 250 203.31] 21.86822 21.883 22 smart Portion of Bonds Payable 1.80 0.000DO Income Taxes Currently Pajaable 1 042 118.16 375.00 1 042 493.15 Accrued Pension Liabity 107 041.70 107 041.70 Accrued Employees Hoalth curance 43.718.91 43.718.91 Doforrod Tax Wabity Bonds Payable 400.000DO Protomad Stock 4,000.000.00 ED0,000DO are Common Stock 500 000.00 1.750,0000 c Beginning Retained orrings 1.750,000.00 D. D Dividends - Proforrod 2 213,12259 PRODOLOO 2 213,12250 50,00000 ED Dividends . Common 5.250000m Bakery Sales 5250 00000 33,831,157-15 33.881 157-15 Morchandian Sales 124.79580 124.795.80 Cost of Goods Sold- Biko] 10 954907 36 10954.907.36 God of Goods Sold - Marchs 88994.79 88.994.79 76731.95 20.000.0D 1556.73195 WILLgos Exponea 2604 526 23 2604 526.23 Hupplos Exponen 263.224.96 263 2245 27 000.00 20.3530 Business Liconen Exponea 21 1757 65 211.75765 141.17108 358 828921 634.520100 1 12 937 69 160413.49 60.41349 Intoroad Exponea 484.703 27 84.703.27 Tolophone Expense 50821 34 50,821.34 Pansion Exponea 107 041.70 107 04170 Retired Employees Hosth In 43.718.91 43.71891 Patent Amortization 2.50000 Unrealized GaliLoss) on M 265.000.00 265,00000 4.1684726 37500 4168.84762 46.606780.08 | 46.836,780DB 649.474.70| 46504.25478 46.951 754.78 265.000.00 50DODD. 5236,000 milestone 1 375.00 1500'25% milestone 1 52 205.25 57,325 25 203,301'2536 milestone 1 43.718.91 i'll milestone 2shed milestone 2 107 041.70 if milestone 2shot milestone 2 01 531 84 From milestone 2 calculations shod 81 513.84 milestone 2 20 00 0.DO Fort expense 50.000.DO Fatont Patent Amorization