Those information that haven't show (such as Exchange rates), just assumed there are no Exchange rates

other information stay the same

JKL Corporation's core business focus is production of golf clubs. It is interested in creating a new prototype golf club and has allocated $2 billion toward the project for this fiscal year. Create an income statement and balance sheet that depicts the accounting treatment for JKL Corporation in each of the following independent scenarios: JKL Corporation develops its own projects in-house and is located in the United States. JKL Corporation is located in the United States and purchases the prototype from ABC Corporation. JKL Corporation develops its own projects in-house and is located in Ireland. JKL Corporation's core business focus is production of golf clubs. It is interested in creating a new prototype golf club and has allocated $2 billion toward the project for this fiscal year. Create an income statement and balance sheet that depicts the accounting treatment for JKL Corporation in each of the following independent scenarios: JKL Corporation develops its own projects in-house and is located in the United States. JKL Corporation is located in the United States and purchases the prototype from ABC Corporation. JKL Corporation develops its own projects in-house and is located in Ireland