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Question 5 View Policies Current Attempt in Progress...

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Accounting

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Question 5 View Policies Current Attempt in Progress Crane Corporation has the following account balances at 12/31/18: Amortization expense Goodwill Patent, net of $59500 amortization $19500 279000 159000 What amount should Crane report for intangible assets on the 12/31/18 balance sheet? Question 6 View Policies Current Attempt in Progress Carla Vista Co. incurred research and development costs in 2018 as follows: $ 985000 Materials used in research and development projects Equipment acquired that will have alternate future uses in future research and development projects Depreciation for 2018 on above equipment Personnel costs of persons involved in research and development projects Consulting fees paid to outsiders for research and development projects Indirect costs reasonably allocable to research and development projects 3350000 535000 785000 335000 260000 $6250000 The amount of research and development costs charged to Carla Vista's 2018 income statement should be

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