Not yet answered Points out of 100 Question 3 Flag question A tugboat costs $400,000 and has an expected life of 10 years. The salvage value in 10 years will be $100,000. The book value at the end of the first year using the straight-line method is Select one: a. 320k b. 30k O C.370k d. 300k Question 4 Not yet answered Points out of 1.00 Flag question We are planning to purchase a 6% bond with a face value of $1000 that pays interest semi-annually. The savings account interest rate is 20 %. The bond matures in five years. How much should we pay for the bond now? Select one: a. 1000 O b. 385 C. 2000 d. 569 9:18 AM E