a. Concord Corporation will invest $20000 every December 31st for the next six years (2020 2025). If Concord will earn 10% on the investment, what amount will be in the investment fund on December 31, 2025?

$87105.

$85998.

$154312.

$169743.

b. Bramble Corp. purchased a depreciable asset for $1180000. The estimated salvage value is $58000, and the estimated useful life is 10000 hours. Bramble used the asset for 1100 hours in the current year. The activity method will be used for depreciation. What is the depreciation expense on this asset?

$112200

$1122000

$129800

$123420