Which of the following business combination expense for a purchase? a. Fees for purchase audit b. Outside legal fees c. Stock issuance fees d. All are direct acquisition expenses. on expenses would NOT qualify as a direct acquisition 12. In a purchase, the direct acquisition, indirect acquisition and security issuance costs are follows: Indirect Acquisition Added to price paid Expensed I. Added to price paid Security Issuance Added to price paid Deducted from value of I. III. IV. Added to price paid Expensed Expensed security issued Expensed Deducted from value of security issued Expensed Expensed a. d. IV 13. Orbit Inc. purchased Planet Co. in 20X3. At that time an existing patent was not recorded as a separate identified intangible asset. At the end of fiscal year 20X5, the patent is valued at $15,000, and goodwi has a book value of $100,000. How should intangible assets be reported at the beginning of fiscal yea 20X6? L.Goodwill II. Goodwill III. Goodwill IV. Goodwill $100,000 Patent $115,000 Patent $100,000 Patent S 85,000 Patent $15,000 $15,000 a. d.lv 4. Which of the following income factors should not be factored into a calculation of goodwill? a. sales for the period b income tax expense extraordinary items d cost of goods sold