A corporate jet costs $1,350,000 and will incur $200,000 per year in fixed costs and $277 per hour in variable costs. The jet will be operated for 1,200 hours per year for five years and then sold for $650,000. The MARR is 15% per year. What is the total Future Worth (AW) equivalent for this investment

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?