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2) (12 points) A business pays $35,000 for a machine. They expect it will bring in revenue of $10,000 per year. Shipping/Handling and Insurance costs
2) (12 points) A business pays $35,000 for a machine. They expect it will bring in revenue of $10,000 per year. Shipping/Handling and Insurance costs $3000. They install it for $10000 and train the operator to use it for $5000. The company will use MACRS GDS 5 year depreciation. The company will keep the machine for 8 years. What will the book value of the computer be after 2 years
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