The Township of Lombardi maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial statements. Required: You are to prepare, in journal form, worksheet adjustments for each of the following situations. A.General fixed assets, as of the beginning of the year (which had not been recorded), were as follows:Land $50,000,000Buildings 600,000,000Improvements other than buildings 245,000,000Equipment 105,000,000Accumulated depreciation, capital assets 202,400,000B. During the year, expenditures for capital outlays amounted to $11,200,000. Of that amount, $7,800,000 was for buildings; $1,550,000 was for improvements other than buildings; and the remainder was for land. C.The capital outlay expenditures outlined in (B) were completed at the end of the year (no depreciation until next year). For purposes of financial-statement presentation, all capital assets are depreciated using the straight-line method, with no estimated salvage value. Estimated lives are as follows: buildings, 50 years; improvements other than buildings, 20 years; and equipment, 10 years. D. Equipment with a cost of $41,500 and accumulated depreciation at the time of sale of $16,600 was sold for $45,000.

In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?