Starling company purchased machinery at the beginning of year 1 at a cost of $86,100. the machinery has an estimated life of five years and an estimated residual value of $4,305. accumulated depreciation using the syd depreciation method amounted to $49,077 at the end of year 2 (comprised of $27,265 for year 1 and $21,812 for year 2). starling switched to the straight-line depreciation method at the beginning of year 3. what is the year 3 depreciation expense relating to this machinery?

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.