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A lumber company purchases and installs a wood chipper for $290,772. The chipper has a useful life of 13 years. The estimated salvage value at
A lumber company purchases and installs a wood chipper for $290,772. The chipper has a useful life of 13 years. The estimated salvage value at the end of 13 years is $21,873. The chipper will be depreciated using a Straight Line Depreciation. What is the book value at the end of year 4? Enter your answer as follow: 123456.78 -A truck used for transporting unobtainium has a net cost of $30,000, useful life of 7 years, and no salvage. Complete the following depreciation table using UOP depreciation. Enter your answer as follow: 123456.78 EOY UOP Depreciation Allowed Usage (in tons) 25,000 1 6122.45 2 22,500 3 20,000 4 17,500 LO 15,000 6 12,500 3061.22 7 10,000 2448.98
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