Question
A machine worth 800,000 is brought from china, freight charges amount to 200,000. If the scrap value of the machine is 50,000 that occurs at
A machine worth 800,000 is brought from china, freight charges amount to 200,000. If the scrap value of the machine is 50,000 that occurs at the end of 17 years.
(a) compute the depreciation at the end of the year 11
(b) Compute the book value at the end of 11 years
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
