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nicollexo21
16.12.2020 •
Mathematics
Data related to the acquisition of timber rights and intangible assets during the current year ended December 31 are as follows:
Timber rights on a tract of land were purchased for $1,365,000 on February 22. The stand of timber is estimated at 6,500,000 board feet. During the current year, 1,800,000 board feet of timber were cut and sold.
On December 31, the company determined that $890,000 of goodwill was impaired.
Governmental and legal costs of $11,340,000 were incurred on April 3 in obtaining a patent with an estimated economic life of 15 years. Amortization is to be for three-fourths of a year.
Required:
1. Determine the amount of the amortization, depletion, or impairment for the current year for each of the foregoing items. Do not round your intermediate calculation.
2. Journalize the adjusting entries required to record the amortization, depletion, or impairment for each item.
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Ответ:
5
Step-by-step explanation:
There are 3 dots on 2, 1 dot on 3, 4 dots on 4, 2 dots on 6, 3 dots on 7, 1 dot on 8, and 1 dot on 9.
The mean of the data set is the average, so you have to get the total, them divide by the number of dots:
2+2+2+3+4+4+4+4+6+6+7+7+7+8+9=75
75/15=5