Question 14 (10 points) If Land costs $18,000 and the fence that was built later, costs $5,000 and the driveway cost $3,000 to construct and there is no salvage value for any of the assets, what is the total depreciable basis for the assets? View hint for Question 14 Question 15 (10 points) Stock splits reduce retained earnings. a) True b) False Question 16 (10 points) If the market rate of a bond is greater than the stated rate, the bond is trading at a discount a) True b) False DEC O 16 D hulu 30