Mather Company purchased equipment on January 1, 2010 at a total invoice cost of $224,000; additional costs of $4000 for freight and $20,000 for installation were incurred. The equipment has an estimated salvage value of $8000 and an estimated useful life of five years. The amount of accumulated depreciation at December 31, 2011 if the straight-line method of depreciation is used is:

The terms of some real estate loans provide that the interest rate may be increased or decreased depending on money market conditions. We call this type of loan:

A: An interim loan; B: A loan which is secured by a short-term land contract; C: A variable interest rate loan; D: A fluctuating market condition loan.

A store which groups female clothing into juniors', misses', and ladies' has classified those departments by _____ product groupings

a. storability b. purchase motivation c. functional d. market segment