![micahmereus100](/avatars/5161.jpg)
micahmereus100
23.10.2019 •
Mathematics
Apurchase of equipment for $18,000 also involves freight charges of $500 and installation costs of $2,500. the estimated salvage value and useful life are $2,000 and 4 years, respectively. under the straight-line method, how much is annual depreciation expense?
Solved
Show answers
More tips
- H Health and Medicine How to Whiten Teeth and Get the Perfect Smile...
- S Style and Beauty How to Properly Apply Eye Makeup: Tips from a Professional Makeup Artist...
- A Auto and Moto How Can Parking Sensors Help Drivers?...
- C Computers and Internet Make Money Online: Secrets and Essential Ways...
- A Auto and Moto What is the Average Lifespan of an Engine in a Car?...
- H Health and Medicine What You Need to Know About Nasal Congestion in Infants: Causes, Symptoms, and Treatment...
- S Science and Technology Discovering the Anatomy of an LCD TV Screen...
- F Food and Cooking How to Get Reconfirmation of Registration?...
- F Food and Cooking Why Doesn t the Confirmation Link Come to Email?...
- F Food and Cooking Deflope: What is it and how does it work?...
Answers on questions: Mathematics
- M Mathematics A line passes through (-4,8) and (6,10). What is the equation of the line?...
- M Mathematics Find the area of a circle that has a diameter of 18 inches. 1,017.36 in.2 254.34 in.2 113.04 in.2 56.52 in.2...
- M Mathematics In the following image, is parallel to , and is a transversal intersecting both parallel lines. and the angle marked q° are angles. The angles marked p° and q° are...
Ответ:
$4,750
Step-by-step explanation:
Given:
Cost of the equipment = $18,000
Freight charges = $500
Installation cost = $2,500
Estimated salvage value = $2,000
Estimated useful life = 4 years
Now,
The total cost involved with equipment = $18,000 + $500 + $2,500
= $21,000
The Annual depreciation using the straight-line method is given as:
=![\frac{\textup{Total cost - salvage value}}{\textup{useful life}}](/tpl/images/0341/8416/831be.png)
on substituting the respective values, we get
Annual depreciation =![\frac{\textup{21,000 - 2000}}{\textup{4}}](/tpl/images/0341/8416/2d0fb.png)
or
Annual depreciation = $4,750
Ответ: