Assets classified as Property, Plant, and Equipment can be either acquired for use in operations, or acquired for resale.

Based on Exhibit 1, for investors that purchased 10-year US notes, the spread widening in basis points that will wipe out the additional yield gained for a quarter is closest to:

A. 6.03 in Singapore. B. 8.09 in Japan. C. 13.48 in the United Kingdom

MLJ Manufacturing has prepared the following depreciation schedule:

Straight-line depreciation schedule of snow blowers Annual depreciation Book value $85,000 Year 1 $21,250 63,750 Year 2 21,250 42,500 Year 3 21,250 21,250 Year 4 21,250 0 Suppose at the beginning of year 3, MLJ Manufacturing no longer believes the snow blowers will last 4 years, but instead decides the snow blowers will last 6 total years. Assume the residual value of the snow blowers is $0. Required: (1 ) What is the new depreciation expense for Year 3 and Year 4? (2 ) What is the new book value after Year 4 records depreciation expense? (3 ) What is the accumulated depreciation amount after Year 6 records depreciation expense?