Which types of asset cannot be depreciated under normal circumstances? (two answers) Kleve Combine Harvester's trial balance reflected the following account balances for December 31, 2020 (In T): Accounts receivable (net) 340,000 Trading securities 72,000 Accumulated depreciation on equipment and furniture 60,000 Cash 18,000 Inventory 500,000 Equipment 420,000 Brand rights 10,000 Prepaid expenses 4,000 Land held in Kellen for future business site 200,000 Please state the firm's total current assets! Why would a startup firm rather lease than purchase some assets? Which financial indicator does the following sentence describe? "The owner's investment in a business minus the owner's withdrawals from the business plus the net income or minus net loss since the business began" On which one of these occasions does a company not record a change in the value of an asset? h. Equipment Land Raw Materials Please record the amount in 1000 (leave out the last three zeroes) They don't need the assets anyway Assets are people, they cannot be leased- They require no extra capital Leasing will almost always be cheaper The founders are able take on more risk that way Revenue Dividends Cash Flow Shares held for investment Patents Cash Profit Equity When the asset is sold When the asset is leased When the asset is bought When the asset gets destroyed Retained earnings Gross Profit