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b. A company acquires three assets, namely L 1. Drilling equipment....... 2. Generators.... $1.225,336 $555.999 3. Mowing machines....valued at $451.222. Each asset is disposed
b. A company acquires three assets, namely L 1. Drilling equipment....... 2. Generators.... $1.225,336 $555.999 3. Mowing machines....valued at $451.222. Each asset is disposed off at 19.5% of the cost after 8 years, with residual value of i. zero. ii 100k, 114k and 11k. respectively is the disposal profitable or not. state all assumptions made. Assumed
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