Required information E8-6 (Algo) Recording Depreciation and Repairs (Straight-Line Depreciation) LO8-2, 8-3 [The following information applies to the questions displayed below.] Manrow Growers, Inc., owns equipment for sowing and harvesting its organic fruit, vegetables, and tree nuts that are sold to local restaurants and grocery stores. At the beginning of 2019, an asset account for the company showed the following balances: No Equipment Accumulated depreciation through 2018 During 2019, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 1, 2019, that improved efficiency Routine maintenance and repairs on the equipment -6 Part 1 $415,000 191,000 The equipment is being depreciated on a straight-line basis over an estimated life of 10 years with a $33,000 estimated residual value. The annual accounting period ends on December 31. quired: repare the adjusting entry that was made at the end of 2018 for depreciation on the equipment. (If no entry is required for a saction/event, select "No journal entry required" in the first account field.) Transaction 1 Answer is complete but not entirely correct. General Journal Depreciation expense Accumulated depreciation, equipment $ 52,000 6,000 Debit 48,600 Credit 48,600 X

Explain why Von Hayek believes the Dependence Effect is not a bad thing.

Stuck on question for hours. Question in Image attachment. Thanks for your help :)

You have two options for how to spend the afternoon. You can either go see a movie with your roommate or work as a tutor for the Math Department. From experience, you know that going to see a movie gives you $20 worth of enjoyment, and with your student discount, a movie ticket only costs $12. If you spend the afternoon working as a math tutor, you will get paid $45. On a typical day, you wouldn't be willing to spend the afternoon working as a math tutor for less than $35. What is your opportunity cost of seeing a movie this afternoon? Select one: O a. $57 O b. $12 ○ c. $22 ○ d. $8