1. Maria and Daniel Rodriguez are retiring soon. Their projected monthly Social Security benefits are $800 from Maria's earnings and $1,800 from Daniel's earnings. Assuming they are married and they select the best benefit alternative for them (including spousal benefit), how much will they receive monthly together?
2. A truck costs $ 104 000 when new and has accumulated depreciation of $ 95 000. Suppose Jake Towing exchanges the truck for a new truck. The new truck has a market value of $ 57 000?, and Jake pays cash of $ 42,000. Assume the exchange has commercial substance. What is the result of this exchange?