Whenever the land needed to be cleared (as it would need to be to grow new plants), Rudy paid his neighbour Gary a $3,000 fee to help out with his tractor. Lily is wondering if buying a second-hand tractor for $10,000 is a worthwhile investment. It would have an expected remaining useful life of six years with no salvage value. It would provide added benefits of $2,000 per year, in addition to ability to clear land with the help of a hired hand. The regular expenses related to the tractor would amount to $1,000 per year, with an extra $1,500 in materials and labour for mass clearing the acreage. Mayala isnt sure about this investment and wants advice on it. She wants specifics on accounting and tax treatment of not only the tractor, but her grandmas vehicle which is used for both personal and business purposes.