Bison gear and engineering of st charles, illinois, makes sensorless and brushless dc gear motors suited for foodservice equipment, factory automation, alter- native energy systems, and other specialty machinery applications. the company purchased an asset 2 years ago that has a 5-year recovery period. the macrs depreciation charge for year 3 is $14,592. (a) what was the first cost of the asset? (b) develop the entire macrs schedule for the asset and deter- mine the depreciation charge in year 1 and next year.

1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19