1a. Berry Co. purchases a patent on January 1, 2021, for $35,000and the patent has an expected useful life of five years with noresidual value. Assuming Berry Co. uses the straight-line method,what is the amortization expensefor the year endedDecember 31, 2022?

1b. Kansas Enterprises purchased equipment for $75,500 onJanuary 1, 2021. The equipment is expected to have a ten-yearservice life, with a residual value of $6,750 at the end of tenyears. Using the double-declining balance method, depreciationexpense for 2022 would be: (Do not round your intermediatecalculations)

1c.Kansas Enterprises purchased equipment for$76,500 on January 1, 2021. The equipment is expected to have aten-year life, with a residual value of $6,600 at the end of tenyears. Using the double-declining balance method, the book value atDecember 31, 2022, would be: (Do not round yourintermediate calculations)

1d. The Pita Pit borrowed $206,000 on November1, 2021, and signed a six-month note bearing interest at 12%.Principal and interest are payable in full at maturity on May 1,2022. In connection with this note, The Pita Pit should reportinterest expense at December 31, 2021, in the amount of:(Do not round your intermediate calculations.)

1e. On September 1, 2021, Daylight Donutssigned a $210,000, 6%, six-month note payable with the amountborrowed plus accrued interest due six months later on March 1,2022. Daylight Donuts should report interest payable at December31, 2021, in the amount of: (Do not round your intermediatecalculations.)