Molly is a 60-year-old entrepreneur planning to start a business selling jams and preserves. molly is not very ambitious. she wants to keep her business small, hassle free, and easy to manage. she prefers to employ a maximum of two cooking assistants who would also make deliveries. the best business structure for molly would be . this business structure would allow molly to manage her business without too many hassles. also, she would enjoy complete over the business and could keep all the for herself.

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.