Acompany buys an oil rig for $3,000,000 on january 1, 2018. the life of the rig is 10 years and the expected cost to dismantle the rig at the end of 10 years is $600,000 (present value at 10% is $231,330). 10% is an appropriate interest rate for this company. what expense should be recorded for 2018 as a result of these events? a. depreciation expense of $360,000 b. depreciation expense of $300,000 and interest expense of $23,133 c. depreciation expense of $300,000 and interest expense of $60,000 d. depreciation expense of $323,133 and interest expense of $23,133

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost. refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account