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sabrinaaz
20.09.2019 •
Mathematics
Atruck with a cost of $82,000 has an estimated residual value of $16,000, has an estimated useful life of 12 years, and is depreciated by the straight-line method.
a. determine the amount of the annual depreciation. $
b. determine the book value at the end of the seventh year of use. $
c. assuming that at the start of the eighth year the remaining life is estimated to be six years and the residual value is estimated to be $12,000, determine the depreciation expense for each of the remaining six years. $
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Ответ:
2. The book value at the end of the seventh year of use is
82,000−5,500×7years=43,500
3. Depreciation = (cost of asset - salvage value) / life of asset
Depreciation=(43,500−12,000)÷6
=5,250 per year
Ответ:
its A.
Step-by-step explanation:
i just took the test