Step 1: Determine the Frictional Force
The frictional force opposing the motion is given by:
\[
f = \mu mg.
\]
Using the given values: coefficient of friction \( \mu = 0.5 \), mass \( m = 5 \, \text{kg} \), and acceleration due to gravity \( g = 10 \, \text{m/s}^2 \), we have:
\[
f = 0.5 \times 5 \times 10 = 25 \text{ N}.
\]
Step 2: Calculate the Resultant Force on the Block
The net force driving the block forward is the applied force minus the frictional force:
\[
F_{\text{net}} = F_{\text{applied}} - f.
\]
Given the applied force \( F_{\text{applied}} = 60 \text{ N} \),
\[
F_{\text{net}} = 60 - 25 = 35 \text{ N}.
\]
Step 3: Find the Acceleration Using Newton's Second Law
Newton’s second law relates net force and acceleration by:
\[
a = \frac{F_{\text{net}}}{m}.
\]
Substituting the values:
\[
a = \frac{35}{5} = 7 \text{ m/s}^2.
\]
Final Answer:
Hence, the correct answer is option (1):
\[
\boxed{7 \text{ ms}^{-2}}.
\]