Which of the following depreciation methods is the most logical for a machine that produces discrete (i.e., separate) units?

New municipal building office equipment costs $400,000 and is being financed with a capital lease. If the government makes a $40,000 down payment, which of the following best describes the external financial reporting effects?

a. The General Fund statements will report expenditures of $400,000 and other financing sources of $360,000 . The General Long-Term Liabilities accounts will report a liability of $360,000 and the General Capital Assets accounts will report an asset of $400,00 b. The General Fund statements will report expenditures of $40,000 and other financing sources of $360,000 . The General Long-Term Liabilities accounts will report a liability of $400,000 and the General Capital Assets accounts will report an asset of $360,000 c. The General Fund statements will report a capital asset of $400,000 and a liability of $360,000 d. The General Fund statements will report expenditures of $360,000 and other financing sources of $400,000 . The General Long-Term Liabilities accounts will report a liability of $360,000 and the General Capital Assets accounts will report an asset of $360,000 e. The General Fund statements will report expenditures and other financing sources of $40,000 . The General Long-Term Liabilities accounts will report a liability of $360,000 and the General Capital Assets accounts will report an asset of $360,000

When sending a text message:

a. remember that text messages are not private. b. include as much information as possible. c. always text during a business meeting. d. expect an immediate response.