On May 11, 2018, your calendar year firm purchases for $10,000 a machine with an estimated salvage value of $1,000. If the machine is the only fixed asset purchased in 2018 and no Sec. 179 deduction is taken, what is your firm's maximum 2018 deduction for depreciation? a. $10,000 b. $6,000 c. $2,000 d. $5,715 1- Suppose that a small business takes in monthly revenue of $100,000. Labor, rental, energy, and other purchased input costs are $70,000. The owner/entrepreneur could earn $5,000 per month in another job, and the owner/entrepreneur could get a return of $5,000 each month if she sold her business and invested the net proceeds in a financial asset, such as a treasury bond. Which of the following correctly describes her monthly economic profit