Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
Case 10-5 Danle Corporation Danle Corporation ("Danle"), a public company, conducts business activities primarily related to the design, development,...
I only need the answer to the first question. However, I need you to be specific in regards to using the FASB standards of codification. For instance, to back up your response you need to cite specific examples in the codes, like (FASB 450-50-20-4) or (FASB 450-25-5-2). Whichever code matches the case example, and there probably will be more than one. Also there should be alternatives that could be used, and those need to be found as well.