Capital expenditures, depreciation, and disposal

merton company purchased a building on january 1, 2013, at a cost of $364,000. merton estimated that its life would be 25 years and its residual value would be $14,000.

on january 1, 2014, the company made several expenditures related to the building. the entire building was painted and floors were refinished at a cost of $21,000. a federal agency required merton to install additional pollution control devices in the building at a cost of $42,000. with the new devices, merton believed it was possible to extend the life of the building by six years.

in 2015, merton altered its corporate strategy dramatically. the company sold the building on april 1, 2015, for $392,000 in cash and relocated all operations to another state.

required:
1. determine the depreciation that should be on the income statement for 2013 and 2014.
2. what amount of gain or loss did merton record when it sold the building? do not round intermediate calculations.

Part i a company's cereal is not selling well. create a 10-15-question survey that measures customers' preferences for the company's cereal product. then, answer the following questions: how many scale items will you put in the survey? justify your answer. will you use multiple-choice questions? why or why not? how many scale points will you use in the survey? justify your answer. what data type will be used in the survey? justify your answer. part ii as a second part of this assignment, create a set of survey questions, assuming that you sell cars. you are attempting to measure how customers perceive the quality of the cars that you sell. create three survey questions with simple category scales. justify why you selected those questions and scales. create three survey questions with multiple-choice, single-response scales. justify why you selected those questions and scales. create three survey questions with multiple-choice, multiple-response scales. justify why you selected those questions and scales. create three survey questions with likert scale summated ratings. justify why you selected those questions and scales.

Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.

Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost