The Original Cost of a Wave Runner Was $8,000 with an Estimated

question 23

Multiple Choice

The original cost of a wave runner was $8,000 with an estimated life of 5 years. What is the first-year depreciation?

• A) $3,200
• B) $1,600
• C) $800
• D) $400

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Definitions:

Industrial Productivity

A measure of the efficiency of production in the industrial sector of the economy, often influenced by advancements in technology and processes.

White-Collar Workers

Employees who perform professional, managerial, or administrative work, often in office settings, as opposed to manual labor.

Treaty of Detroit

This historically refers to any of several agreements made in the 18th and early 19th centuries, often involving land transactions or peace treaties between Native American tribes and colonial or federal governments around the Detroit area.

United Auto Workers

A labor union in the United States and Canada representing workers in the automotive industry, advocating for workers' rights and benefits.