Identify each of the following items as either a capital expenditure (c), expense on the income statement (e), or neither (n): 1. paid property taxes of $75,000 for the first year the new building is occupied. 2. paid interest on construction note for new plant building, $550,000. 3. repaired plumbing in main plant, paying $270,000 cash. 4. purchased equipment for new manufacturing plant, $6,000,000; financed w/long term note. 5. paid dividends of $40,000. 6. purchased a computer and peripheral equipment for $29,000 cash. 7. paved a parking lot on leased property for $300,000. 8. paid $90,000 in cash for installation of equipment in (4). 9. paid $148,000 to tear down old building on new plant site. 10. paid $31,000 maintenance on equipment in (4) during its first year of use.

Suppose that fizzo and pop hop are the only two firms that sell orange soda. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: pop hopadvertise doesn’t advertisefizzo advertise 10, 10 18, 2doesn’t advertise 2, 18 11, 11for example, the upper right cell shows that if fizzo advertises and pop hop doesn't advertise, fizzo will make a profit of $18 million, and pop hop will make a profit of $2 million. assume this is a simultaneous game and that fizzo and pop hop are both profit-maximizing firms.if fizzo decides to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if fizzo decides not to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if pop hop advertises, fizzo makes a higher profit if it chooses (not to advertise, to .if pop hop doesn't advertise, fizzo makes a higher profit if it chooses (not to advertise, to . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.again, suppose that both firms start off not advertising. if the firms decide to collude, what strategies will they end up choosing? fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.