Calculate the total cost, total depreciation, and annual depreciation (in $) for the following assets by using the straight-line method. (Round your answers to the nearest cent.)

Cost	Shipping Charges	Setup Charges	Total Cost	Salvage Value	Estimated Useful Life (years)	Total Depreciation	Annual Depreciation
$88,300	$625	$2,500	$ _____	$7,000	7	$ _______	$ ________

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Calculate the missing information on the revolving credit account. Interest is calculated on the unpaid or previous month's balance. (Round dollars to the nearest cent.)

Previous Balance	Annual Percentage Rate (APR)	Monthly Periodic Rate (as a %)	Finance Charge (in $)	Purchases and Cash Advances	Payments and Credits	New Balance (in $)
$1,027.61	%_______	1%	$ ______	$322.20	$400.00	$_______

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Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on interest loan. (Round your answers to the nearest cent.)

Purchase (Cash) Price	Down Payment	Amount Financed	Add-on Interest	Number of Payments	Finance Charge	Monthly Payment
$766	10%	$ ______	7%	12	$ ______	$________