1. A company had the following plant asset:

New equipment cost $50,000

Salvage value 2,000 Useful life 8 years

The machine is also expensed to produce 150,000 units during its useful life.

The depreciation expense for the second year using the straight line method of depreciation is?

2. Which of the following payroll taxes are paid ONLY by the employer on payroll?

3. Revenue expenditures are?