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7. A C = 30,000 180.000x 778 112 On January 3, 2013, Munoz Co. purchased machinery. The machinery has an estimated useful life of eight
7. A C = 30,000 180.000x 778 112 On January 3, 2013, Munoz Co. purchased machinery. The machinery has an estimated useful life of eight years and an estimated residual value of $30,000. The depreciation applicable to this machinery was $65,000 for 2015, computed by the sum-of-the-years'-digits method. The acquisition cost of the machinery was 8(8+1)=36 $360,000. $420,000. B D $390,000. $468,000. 2
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