Question
ABC company bought a machine with an estimated useful life of 10 years for $80,000 (cost). The residual (salvage) value of the machine is
ABC company bought a machine with an estimated useful life of 10 years for $80,000 (cost). The residual (salvage) value of the machine is $8,000. 80K 60K Depreciation 40K Expense 20K 16K 12.8K 2.68K 72K 2.74K 3.36K 4.19K 5.24K 6.55K 8.19K 10.24K OK T T 1 2 3 4 5 6 7 8 9 10 Total Year Increase Decrease Total The waterfall chart visualizes the machine's depreciation using what data relationships?
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
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