Discussion Questions: Chapter 11 & 12 : Intermediate Accounting Please answer each question individually in at least 120 words per. 1. What is the purpose of depreciation? 2. Why is there more than one method of depreciation? 3. How can goodwill be created? 4. How and why would you account for the impairment of intangible assets? 5. Why are R&D expenses not capitalized? .