Stear corp. bought a machine on january 1, 2012 for $30,000. the company follows a policy of depreciating assets at 5 percent each year. what will be the closing credit total of the accumulated depreciation account after the first year?
a. 3,000 b. 1,500 c. 27,000 d. 28,500

(05.02) mr. morris is going to save money and replace his sailboat's mainsail himself. he must determine the area of the mainsail in order to buy the correct amount of material. calculate the area of the parallelogram to determine how much material should be purchased. be sure to explain how to decompose this shape into rectangles and triangles. describe their dimensions and show your work.