City Taxi Service purchased a new auto to use as a taxi on January 1, Year 1, for $29,100. In addition, City paid sales tax and title fees of $1,210 for the vehicle. The taxi is expected to have a five-year life and a salvage value of $5,360. Required a. Using the straight-line method, compute the depreciation expense for Year 1 and Year 2. b

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration