Ron's quik shop bought machinery for $75,000 on january 1, 2017. ron estimated the useful life to be 5 years with no salvage value, and the straight-line method of depreciation will be used. on january 1, 2018, ron decides that the business will use the machinery for a total of 6 years. what is the revised depreciation expense for 2018?

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.