After reading the following,  discuss in detail the following questions. On May 31, 2012, Express Delivery, the overnight shipper, had assets of $21,000,000 and total liabilities of $13,000,000,000. Included among the assets were property, plant and equipment with a cost of $17,000,000,000. During the year ended May 31, 2012, Express delivery earned total revenues of $28,000,000 and had total expenses of $25,000,000,000 of which $8,000,000,000 was depreciation expenses. The CFO and the controller are concerned that the results of 2012 will make investors unhappy. Additionally, both hold stock options to purchase shares at a reduced price, so they would like to se the market price continue to grow. They decide to  “ extend” the life on assets so that depreciation will be reduced to $5,000, 000,000 for 2012. Discuss the motivation for the changes in the asset lives. Discuss the impact of the change on the net income. Discuss whether you find the change ethical or unethical Discuss whether AICPA code of conduct section 50 and 300 will help you make an ethical decision.

"Intangibles and Research and Development Cost" Please respond to the following:Compare and contrast the write-off methods for limited-life intangibles and indefinite-life intangibles. Suggest one (1) way in which a company could decrease the likelihood of recording a write-off of long-lived assets.Imagine that you are the senior accountant at your organization, and management is unsure of what the generally accepted accounting principles are for recognizing research and development cost. Explain to management what qualifies as research and development cost, and infer the major impact that research and development cost has on the financial statements. Recommend to management whether the company should conduct its own research and development or hire a research and development firm. Justify your rationale.

E12-11(Accounting for Patents) Tones Industries has the following patents on its December 31, 2013,Patent Item    Initial Cost               Date Acquired                     Useful life at Date AcquiredPatent A         30,600                      3/1/10                                              17 yearsPatent B         15,000                      7/1/11                                              10 yearsPatent C         14,000                      9/1/12                                               4 yearsThe following events occurred during the year ended December 31, 2014.1.Research and development costs of $245,700 were incurred during the year.2.Patent D was purchased on July 1 for $36,480. This patent has a useful life of 9 1/2years.3.As a result of reduced demands for certain products protected by Patent B, possible impairment of Patent B's value may have occurred at December 31, 2014. The controller for Tones estimates the expected future cash flows from Patent B will be as follows.Year     Expected Future Cash Flows2015                 2,0002016                 2,0002017                 2,000The proper discount rate to be used for these flows is 8%(Assume that the cash flows at the end of the year.)Instructions(a)Compute the total carrying amount of Tones' patent on its December 31, 2013, balance sheet.(b)Compute the total carrying amount of Tones' patent on its December 31, 2014, balance sheet.You have the answer for a I need the answer for b.