Urgent! please help me 10-6

walls to minimize its deferred tax liability balances. The company is a subsidiary of a parent that uses straight-line depreciation Uul Um55 used Il factor in estimating the useful life of the asset. * A10-5 Amortization or Impairment: hnology Inc. (TI) has the following intangible assets: Case A Case B TI acquired a patent from another company that expires in 10 years. The purpose of the compeulon for one of its top-selling products. Based on market surveys, the product will continue to have sales for at least the next eight years. TI intends to hold the patent but not manufacture the product. TI acquired a second patent from another company that expires in 15 years. The company intends to manufacture the product. Based on market surveys, this product will have strong sales for at least the next 10 years or until another competitor enters the market with a similar product. TI acquired a quota that can be renewed indefinitely at a minimal cost. TI's intention is to continue to renew the quota. These quotas are high in demand and very difficult to obtain. TI has a registered trademark that it has used for 10 years for one of its top-selling products. TI intends to renew the trademark indefinitely. Case C Case D Required: Should the intangible assets be amortized or just tested for impairment? If amortized, what is the appropriate period? Support your response. A10-6 Component Depreciation: have been asked to consider the following situations. 000 cash. The machine will probably have a useful life of A The company purchased a machine for $25,000 cash. The machine will probably h eed to be replaced every two and a half years. The 10 years but it has a component part that will need to be replaced every two and a Case A The com io $250 1. 1111 .. walls to minimize its deferred tax liability balances. The company is a subsidiary of a parent that uses straight-line depreciation Uul Um55 used Il factor in estimating the useful life of the asset. * A10-5 Amortization or Impairment: hnology Inc. (TI) has the following intangible assets: Case A Case B TI acquired a patent from another company that expires in 10 years. The purpose of the compeulon for one of its top-selling products. Based on market surveys, the product will continue to have sales for at least the next eight years. TI intends to hold the patent but not manufacture the product. TI acquired a second patent from another company that expires in 15 years. The company intends to manufacture the product. Based on market surveys, this product will have strong sales for at least the next 10 years or until another competitor enters the market with a similar product. TI acquired a quota that can be renewed indefinitely at a minimal cost. TI's intention is to continue to renew the quota. These quotas are high in demand and very difficult to obtain. TI has a registered trademark that it has used for 10 years for one of its top-selling products. TI intends to renew the trademark indefinitely. Case C Case D Required: Should the intangible assets be amortized or just tested for impairment? If amortized, what is the appropriate period? Support your response. A10-6 Component Depreciation: have been asked to consider the following situations. 000 cash. The machine will probably have a useful life of A The company purchased a machine for $25,000 cash. The machine will probably h eed to be replaced every two and a half years. The 10 years but it has a component part that will need to be replaced every two and a Case A The com io $250 1. 1111