See attached file with intermediate accounting questions. I need this within an hour. Will tip $20 for correct answer within a hour

1. Cougar Corp wants to estimate ending inventory as of March 31, 2016. The cost of inventory on hand as of January 1, 2016 was $75,000. The cost of purchases from January 1st through March 31st is $141,600. Sales, which are made at 25% above cost, totaled $225,000 through March 31st. Estimate the cost of Cougar Corp's ending inventory as of March 31st using the gross profit method. $36,6 00 $56,2 50 $38,4 00 $20,0 00 2. Below is information regarding the cost and retail value of inventory for MAC Corp for 2016. Cost Beginning Inventory Purchases 100,000 Retail 175,000 1,115,000 1,500,000 MAC Corp reports net markups of 80,000 and net markdowns of 20,000 for the year. Compute MAC Corp's cost-to-retail ratio using the conventional retail inventory estimation method. Please round to the nearest percent. 3. Lower-of-cost-or-market is most conservative if applied to the total inventory. is most conservative if applied to major categories of inventory. is most conservative if applied to individual items of inventory. 4. When a piece of equipment is acquired in exchange for stock, the cost of the equipment is properly measured by the: a Market value of the . stock b Par value of the . stock c Book value of the . stock d None of the above . 5. Use the following information for Problems 5 & 6. Cougar Corp. exchanged an old truck for a piece of equipment and cash on January 1st 2016. The truck was purchased at a cost of $25,000 and accumulated depreciation at the time of the exchange is $19,000. As compensation for the truck, Cougar Corp received a piece of equipment with a fair value of $9,000 and $1,000 cash. How much gain would be recognized assuming this transaction DOES have commercial substance? Do not use dollar signs or decimals when inputting your answer. Use the following information for Problems 5 &6. Cougar Corp. exchanged an old truck for a piece of equipment and cash on January 1st 2016. The truck was purchased at a cost of $25,000and accumulated depreciation at the time of the exchange is $19,000. As compensation for the truck, Cougar Corp received a piece of equipment with a fair value of $9,000 and$1,000 cash. 6. How much gain would be recognized assuming this transaction DOES NOT have commercial substance? Do not use dollar signs or decimals when inputting your answer. 7. An expenditure made in connection with a machine being used by a company to produce inventory should: a Expensed immediately if it improves the efficiency of the machine but does . not extend the useful life. b Capitalized if it improves the efficiency of the machine or extends the useful . life. c Expensed immediately if it extends the useful life of the machine but does not . improve the efficiency. d Capitalized if it maintains the machine in normal operating condition. . 8. ABC Hotel Corporation recently purchased XYZ hotel and the land on which it is located with the intention to tear down the XYZ hotel and build a new luxury hotel on the land. The cost of the XYZ hotel should be: Capitalized as part of the cost of the land. Capitalized as part of the cost of the new hotel. Expensed immediately. Use the following information for problems 9-11. Cougar Corp (December 31st fiscal year end)purchased a piece of machinery, which it will use to produce inventory, on August 1st, 2016for $450,000. The estimated salvage value is$50,000. The estimated useful life is 4-years. The estimated total activity levels for this machinery over its useful life are production 9. of1,000,000 units of inventory and working hours of 50,000 hours. Actual activity for 2016-2018 is as follows: 2016: 100,000 units of inventory produced;8,500 working hours 2017: 275,000 units of inventory produced;14,000 working hours If necessary, round your answer to the nearest dollar. Do not use dollar signs or decimals. What is the amount of accumulated depreciation associated with this machinery as of December 31st, 2018assuming Cougar Corp uses straight-line depreciation? 10. What is the amount of depreciation expense for this machinery in2016 assuming Cougar Corp uses activity based depreciation based on working hours? 11. What is the book value (cost - accumulated depreciation) associated with this machinery as of December 31st, 2017 assuming Cougar Corp uses sum-of-theyears'-digits depreciation method