*Show work!

1. Last year, Bad Tattoo Co. had additions to retained earnings of $4,185 on sales of $93,845. The company had costs of $74,565, dividends of $2,560, and interest expense of $1,480. If the tax rate was 35 percent, what the depreciation expense? Hint: start at top of IS then end of IS to find depreciation amount in middle.

2. On your graduation day, you received $10,500 and will invest the money at an interest rate of .32 percent per month until the account is worth $16,600. How many years do you have to wait until you reach your target account value? Hint: calculate =per making sure each variable properly entered.

3. You're a rockstar finance student and graduated with two job offers. Both companies pay you at the end of each period. Job A pays an annual salary of $60,000, payable at the end of the first year, with $2000 raises each year. Job B pays a semi-annual salary of $30,000 with $600 raises every six months. You plan to stay at either job for three years. Assuming an eight percent nominal rate, which is better in today's dollars? Hint: find PV of each scenario, add them together and whichever bigger-better job offer.