Q 1. BrittCo bought a building for new warehouse operations. It needs work. He’s tech savvy, so Britt knows he needs wiring for any computers he’ll be running. The roof was partially blown off in a storm. So that needs fixing. All interior rooms are painted green and in good shape. Britt wants blue and will repaint. Which of the following statements is true? 2. What happens to the income statement after an asset is fully depreciated? 3. Not all freight is paid by the buyer of inventory. When it is though, the amount of freight-in paid 4. The Allowance for Doubtful Accounts is classified as a(n) 5. Not all sales are for cash. What do the terms 3/15 and n45 describe?