Harding corporation acquired real estate that contained land, building and equipment. the property cost harding $1,900,000. harding paid $350,000 and issued a note payable for the remainder of the cost. an appraisal of the property reported the following values: land, $374,000; building, $1,100,000 and equipment, $726,000. assume that harding uses the units-of-production method when depreciating its equipment. harding estimates that the purchased equipment will produce 1,000,000 units over its 5-year useful life and has salvage value of $34,000. harding produced 265,000 units with the equipment by the end of the first year of purchase. which amount below is closest to the amount harding will record for depreciation expense for the equipment in the first year?

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76