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Use the following information for questions:
On January 1, 2011, Mary Co.purchased some equipment that cost $52,800.Freight costs were $300, sales taxes were $6,400, and installation $500.Estimated residual value is $2,000.The company uses a straight-line rate of 10%.
-Amortization expense for 2011 was:
Flow
A mental state in which a person performing an activity is fully immersed in a feeling of energized focus, full involvement, and enjoyment.
External Rewards
Incentives provided by external factors, such as money, praise, or trophies, which motivate behavior.
Focused Concentration
The mental effort directed toward a single task or subject, eliminating distractions to achieve a heightened state of awareness and productivity.
Csikszentmihalyi
A psychologist known for his work on the concept of "flow," a state of intense absorption and enjoyment in what one does.
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