During 2024, Gem Corporation acquired a mineral mine for $4,…

During 2024, Gem Corporation acquired a mineral mine for $4,000,000. Of this amount, $400,000 relates to the land value after the minerals have been removed. Geological surveys have estimated that 10 million units of the mineral could be extracted. During 2020, 1,500,000 units were extracted and 1,250,000 units were sold. What amount will Gem Corp. expense for 2024 relating to the minerals?

Allen Company bought Doubtfire Division in 2024 and recorded…

Allen Company bought Doubtfire Division in 2024 and recorded $750,000 of goodwill related to the purchase. On December 31, 2025, the fair value of Doubtfire Division is $6,000,000 and it is carried on Allen Company’s books for a total of $5,100,000, including the goodwill. What goodwill impairment loss should be recognized by Allen Company in 2025? Enter 0 if Goodwill is not impaired.

 A three-year-old patient is admitted to the ER after a sudd…

 A three-year-old patient is admitted to the ER after a sudden onset of high fever and chills, a productive cough, and shortness of breath. The parents indicate that the child had been healthy up until a few hours ago. An initial work-up of the child shows an elevated temperature (103oF), a rapid pulse rate (140 bpm), and a low oxygen saturation level (82%). Supplemental oxygen and acetaminophen are administered immediately, and specimens are obtained from the patient for microbial analysis.  The specimens are Gram stained and analyzed microscopically. The laboratory technician observes spherical purple-colored cells arranged in short chains. Based upon this evidence, which of the following microbes is most likely the pathogen affecting the patient?