1. If Mona elects to use special depreciation for the new fence, what is the amount of current depreciation (excluding the amount of current special depreciation) for the asset?
2. What is $8,900 8 years from now (FV) be worth in present day dollars, if discounted at 9%?
3. What is $26,700 20 years from now (FV) worth in present day dollars, if discounted at 10%?