Lansdowne Equipment Co. acquired machinery on January 1, 2020, for $400,000. The machinery had an original estimated useful life of 12 years and an estimated salvage value of $40,000. On January 1, 2024, Lansdowne revised the total useful life to 9 years and the salvage value to $20,000. Compute the depreciation expense for the year ending December 31, 2024, assuming Lansdowne uses straight-line depreciation.

Compute the schedule of deductible expenses

As the world shifted towards emphasising issues related to environment, climate change andinequality the investment community started incorporating ESG into investment evaluationtechniques. Before ESG was the major talk of the town the academia and business executivesfocussed on shareholder wealth maximization as the sole objective of the organisation. What shouldbe the corporate objective?Your essay should cover the following:1. Historical perspective of the evolution of the corporate objective2. Shareholder wealth maximisation as a single goal3. Evolution of ESG and how it impacted the corporate objective4. The current debate about what the corporate objective should be