on january 1, year 1, raven limo service, inc. paid $64,000 cash to purchase a limousine. the limo was expected to have a six year useful life and a $10,000 salvage value. on january 1, year 5 the limo was sold for $30,000 cash. assuming raven uses straight-line depreciation, the company would recognize a:

Anew joint command and control system is being developed to meet the strategic information needs of all the military services. the air force is the lead service, but the army and navy have different points of view about what functions the system should perform. which one of the software acquisition best practices would be most relevant in managing this issue as the program office undertakes system development?