Instead of deciding to finish high school, you could have decided to work full-time. how would an economist explain your decision to receive your high school degree?

a. the benefit of working full-time was greater than the cost of going to high school.
b. the benefit of working full-time was greater than the benefit of going to high school.
c. the cost of working full-time was greater than the benefit of going to high school.
d. the cost of going to high school was greater than the benefit of working full-time.
e. the benefit of going to high school was greater than the benefit of working full-time.

Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets were improperly recorded by bridgeport corporation. 1. bridgeport developed a new manufacturing process, incurring research and development costs of $195,600. the company also purchased a patent for $45,200. in early january, bridgeport capitalized $240,800 as the cost of the patents. patent amortization expense of $12,040 was recorded based on a 20-year useful life. 2. on july 1, 2017, bridgeport purchased a small company and as a result recorded goodwill of $52,000. bridgeport recorded a half-year’s amortization in 2017, based on a 20-year life ($1,300 amortization). the goodwill has an indefinite life. prepare all journal entries necessary to correct any errors made during 2017. assume the books have not yet been closed for 2017.