Please fill out space a - t Timber price of Douglas fir is $2/cubic foot, planting cost is $1,000, marginal harvest cost ($/cubic foot) is $0.5, and discounted factor r = 0.01.First, fill out the table below. Round the numbers to two decimal places. No dollar sign. No thousands separators.Age (years) feet)106941912355855362030Volume (cubic Present value oftimber40[a][d][g][j]Present Value of Net presenttotal cost[b][e][h][k]value of Timber[c][f][1][m]Second, conclude that the optimal harvesting time given the information here is when the tree reaches age [t]. Type the age as an integer.

Given, Timber price = $2/cubic foot planting cost = $1000 Marginal harvest cost = $0.5/ cubic foot…

Timber price of Douglas fir is $2/cubic foot, planting cost is $1,000, marginal harvest cost ($/cubic foot) is $0.5, and discounted factor r = 0.01. First, fill out the table below. Round the numbers to two decimal places. No dollar sign. No thousands separators. Age (years) 10 20 30 40 Volume (cubic Present value of feet) timber 694 1912 3558 5536 [a] [d] [g] [] Present Value of Net present total cost [b] [e] [h] [k] value of Timber [c] [f] [1] [m] Second, conclude that the optimal harvesting time given the information here is when the tree reaches age [t]. Type the age as an integer.