Alienation is a transfer of land ownership

Indicate whether the statement is true or false

True

Business

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On January 1, a machine with a useful life of five years and a residual value of $5,000 was purchased for $25,000. What is the depreciation expense for year 2 under straight-line depreciation?

a. $5,000 b. $15,000 c. $4,000 d. $12,000

Business

The project final report is fundamentally:

A) An historical record. B) A review of human activity. C) Window dressing for the project. D) A forward-looking document.

Business