This year (year 0) elizabeth agreed to a three-year service contract with an engineering consulting firm to improve efficiency in her factory. the contract requires elizabeth to pay the consulting firm $1,500 for each instance that elizabeth requests their assistance. the contract also provides that elizabeth only pays the consultants if their advice increases efficiency as measured 12 months from the date of service. this year elizabeth requested advice on three occasions and she has not yet made any payments to the consultants. (leave no answers blank. enter zero if applicable.)
how much should elizabeth deduct in year 0 under this service contract if she uses the accrual method of accounting?

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.