Kansas enterprises purchased equipment for $60,000 on january 1, 2018. the equipment is expected to have a five-year life, with a residual value of $5,000 at the end of five years. using the straight-line method, depreciation expense for 2019 and the book value at december 31, 2019 would be: select one:

a. $11,000 and $33,000.

b. $12,000 and $36,000.

c. $12,000 and $31,000.

d. $11,000 and $38,000.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.