the following information is available for bailey company for 2008 1 on january 2 2008 bailey paid property taxes amounting to 60000 on its plant and equipment for the calendar year 2008/

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Required:
State the dollar amounts that should appear in Bailey Company’s March 31, June 30, September 30, and December 31, 2008, quarterly financial statements to report:
A. Property taxes.
B. Major repairs to machinery.
C. Inventory loss from market decline.
D. The gain or loss on sale of equipment.