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. Vol um Ag e e (cu (ye bic ars feet ) ) Present value of timber cost 10 694 191 20 2 355 30 8 553 40 6 Present Value of total Net present value of Timber Second, conclude that the optimal harvesting time given the information here is when the tree reaches age Type the age as an integer.

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