(LO 3, 4 ) (Accounting for an Operating Lease) On January 1, 2020, a machine was purchased for $900,000 by Young Co. The machine is expected to have an 8-year life with no salvage value. It is to be depreciated on a straight-line basis. The machine was leased to St. Leger Inc. for 3 years on January 1, 2020, with annual rent payments of $150,955 due at the beginning of each year, starting January 1, 2020. The machine is expected to have a residual value at the end of the lease term of $562,500, though this amount is unguaranteed. Instructions

A. How much should Young report as income before income tax on this lease for 2020?

B. Record the journal entries St. Leger would record for 2020 on this lease, assuming its incremental borrowing rate is 6% and the rate implicit in the lease is unknown.

C. Suppose the lease was only for one year (only one payment of the same amount at commencement of the lease), with a renewal option at market rates at the end of the lease, and St. Leger elects to use the short-term lease exception. Record the journal entries St. Leger would record for 2020 on this lease.

Goals of Balance Scorecard under Innovation and learning Perspective? [Provide detail explanation]

Choose a company and write breakthrough innovation of that company.

Subject name Technology Entrepreneurship

How would you measure the resistance of employees during the innovation process?

Explain.

Please Give a report about the new innovation of hydrogels towards cartilage repair.

why you think people initially “freaked out” about this technological innovation.

Do you agree that a systematic policy is the only way to overcome resistance to innovation?

Discuss people/innovation perspective as one of the dimension of balanced scorecard in hotel context