Concord Company purchased a machine on July 1, 2021, for $29,400. Concord paid $210 in title fees and county property tax of $131 on the machine. In addition, Concord paid $525 shipping charges for delivery, and $499 was paid to a local contractor to build and wire a platform for the machine on the plant floor. The machine has an estimated useful life of 6 years with a salvage value of $3,150. Determine the depreciation base of Concord’s new machine. Concord uses straight-line depreciation.

Depreciation base
$enter the Depreciation base in dollars

Data from 2005 for various age groups show that for each $100 increase in the median weekly income for whites, the median weekly income of blacks increases by $105. also, for workers of ages 25 to 54 the median weekly income for whites was $676 and for blacks was $527. (a) let w represent the median weekly income for whites and b the median weekly income for blacks, and write the equation of the line that gives b as a linear function of w. b = (b) when the median weekly income for whites is $760, what does the equation in (a) predict for the median weekly income for blacks?