The metal relief etching entitled Ancient of Days is the work of which leading Romantic artist?

Which artist created a dramatic reworking of the story of The Taking of Christ, a subject previously treated by both Giotto and Duccio?

​What is the name of the 18th-century silversmith portrayed in this painting by John Singleton Copley?

Michelangelo’s design for the twin tombs of Giuliano and Lorenzo de’ Medici, never finished, is believed to have been based on which school of thought?

What is the most ancient lineage of living seed plants (oldest living fossil)?

Gage Co. purchases land and constructs a service station and car wash for a total of $540,000. At January 2, 2025, when construction is completed, the facility and land on which it was constructed are sold to a major oil company for $900,000  and immediately leased from the oil company by Gage. The lease is a 10-year, noncancelable lease with annual lease payments of $97,000. The remaining economic life of the facility is 15 years. The residual value of the facility and land at the end of the lease is expected to be $100,000 and none is guaranteed by Gage. The fair value of the land and facility is $900,000 on January 2, 2025. The present value of lease payments is $600,000. What amount of gain will Gage recognize on the disposal of the land and facility on January 2, 2025? If no gain recognition enter $0.

Facts for Questions 11 to 15 Pisa, Inc. leased equipment from Tower Company under an 8-year lease requiring equal annual payments of $296,134 on January 1 of each year, with the first payment due at lease inception, which was 1/1/2024. The lease does not transfer ownership, nor is there a bargain purchase option. The equipment has a 10-year useful life and is expected to have  residual value of $300,000 at the end of the lease. None of the residual value is guaranteed.  The fair market value of the equipment on 1/1/2024 is $2,000,000. Pisa, Inc.’s incremental borrowing rate is 10% and the rate implicit in the lease (which is known by Pisa, Inc.) is 8%. Present value factors are below.   PV Annuity Due PV Ordinary Annuity PV of Single Sum 8%, 8 periods 6.20637 5.74664 0.540269 10%, 8 periods 5.86842 5.33493 0.466507   Use these facts to answer questions 11 to 15 below.

What amount of lease liability will Pisa report on its 12/31/2024 balance sheet?

Describe a lessor’s accounting for an operating lease

Facts for Question 6 Tower Company leased equipment to Pisa, Inc.  under an 8-year lease requiring equal annual payments on January 1 of each year, with the first payment due at lease inception, which was 1/1/2024. The lease does not transfer ownership, nor is there a bargain purchase option. The equipment has a 10-year useful life and is expected to have residual value of $400,000 at the end of the lease. None of the residual value is guaranteed by Pisa.  The fair market value of the equipment on 1/1/2024 is $2,000,000. Pisa, Inc.’s incremental borrowing rate is 10% and the rate implicit in the lease is 8%.  Present value factors are below.   PV Annuity Due PV Ordinary Annuity PV of Single Sum 8%, 8 periods 6.20637 5.74664 0.540269 10%, 8 periods 5.86842 5.33493 0.466507 What is the amount of the lease payment?