Cooper industries had a piece of equipment that cost $56,000 and had accumulated depreciation of $23,000.requirement: 1. record the dispostion of the equipment assuming the following independent situations: a. cooper discarded the equipment, receiving $0.b. cooper sold the equipment for $34,500c. cooper traded the equipment in on a new piece of equipment costing $62,000. cooper was granted a $33,500 trade-in allowance for the old equipment and paid the difference in cash. d. cooper traded the equipment in on a new piece of equipment costing $52,000. cooper was granted a $28,000 trade-in allowance for the old equipment and signed a note payable for the differencetemplate for the answers suppose to look likejournal entryaccounts debit creditoptions for account name (accumulated depreciation, cash, depreciation expense, equipment, gain on disposal equipment, loss on disposal equipment and note payable

Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."

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Match the different taxes to the levels at which these taxes are levied on consumers and businesses national level/ national and local levels 1.sales tax 2.income tax 3.payroll tax 4.social security tax 4.property tax