Laverne and Shirley are moving and are no longer going to be roommates, and they need to divide the dining room furniture set they purchased together.

Using the Method of Sealed Bids, Laverne bids $298 and Shirley bids $161 for the set. Since Laverne's bid is higher, she gets the furniture.

How much will she have to pay Shirley in order to keep the division fair? Round your answer to the nearest dollar.

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.