Which of the following is not a limitation of the Balance Sheet? a. Some accounts are estimated by methods different from others. b. It does not portray the market value of the firm. c. It heavily depends on estimates rather than determinable amounts. d. It informs users on long-term solvency issues.

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?