(A). New equipment has an initial book value $153,000 and is to be depreciated straight-line over 6 years to a book value of $28,000. What is the depreciation expense for the equipment for its second year of use? NOTE: Enter your answer to the nearest penny. Do not include a $ sign in your answer.

(B).

An investment project under consideration would require working capital of $50,000 at startup (i.e., time 0). The project would require no additional working capital during its life. The project is expected to end in 8 years. Select each item from below that is true regarding the project's estimated working capital cash flows.

Select one or more:

a.

Year 0 working capital cash flow is negative $50,0000

b.

Year 0 working capital cash flow is $0

c.

Year 0 working capital cash flow is positive $50,0000

d.

Year 8 working capital cash flow is positive $50,000

e.

Year 8 working capital cash flow is negative $50,000

f.

Year 8 working capital cash flow is $0

g.

Year 1 through 7 working capital cash flow is negative $4000 each year