THE COMPANY EXPECTS THIS EXPANSION Will require an additional $ 1, 4^d, and at capital and EENCrate an addi! rafit . The options are . 1 ) Issuing an additional $ 1, 000, 000 of 1086 , 100 - par convertible preferred stock ( same class as is CurTE! 21 Issue an additional $ 1 , 000, 000 of `` convertible bonds ( same terms as the existing issue !) 3) $ 50,0, 000 each of preferred stock and bonds Other Items On December 31 , 20xx, the company repaired a packaging machine at cost of $ 27, 000.00 . It` extend the life of the machine by four years . No depreciation is necessary this year . The company spent $ 50, 000 to obtain and defend a patent for its formula for dog treats . The and provides 20 years of protection . The $ 50,000 amount was incorrectly charged to Mist . EXPEN