What sections of the FASB Coding can help determine the proper accounting treatment for ranch animals and transactions.

Include a table with two columns. The first column with the complete coding reference and the second column with the coding text. Correctly cite all sections of the coding that have been identified and that help with accounting in the following areas:

(1) cost or valuation of horses and mares at the time of acquisition,

(2) accounting during the life of the horses and mares (maintenance and feeding costs, are they depreciated ?, are they amortized? Are they subject to impairment tests ?, etc.),

(3) accounting for the disposal of the horses or mares (by sale, by death or by exchange), and

(4) presentation in the financial statements, etc.