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Based on the following information: 1) Equipment cost: 1,236 2) Salvage value: 130 3) Useful life: 6 Years 4) Equipment purchased in the beginning of
Based on the following information: 1) Equipment cost: 1,236 2) Salvage value: 130 3) Useful life: 6 Years 4) Equipment purchased in the beginning of Month 3 out of 12, Year 1 What is the remaining equipment Book Value at the end of Year 3 using Straight Line Depreciation method? Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer Enter your answer as rounded to the nearest whole number, for example: if the answer is 100, enter 100 if the answer is 100.49, enter 100 if the answer is 100.5, enter 101 Based on the following information: 1) Equipment cost: 1.270 2) Salvage value: 129 3) Useful life: 3 Years 4) Equipment purchased in the beginning of Month 6 out of 12, Year 1 What is the remaining equipment Book Value at the end of Year 4 using Straight Line Depreciation method? Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer Enter your answer as rounded to the nearest whole number, for example: if the answer is 100, enter 100 if the answer is 100.49, enter 100 if the answer is 100.5, enter 101 Based on the following information: 1) Equipment cost: 943 2) Salvage value: 187 3) Useful life: 5 Years 4) Equipment purchased in the beginning of Month 7 out of 12 Year 1 What is the Straight Line Depreciation Expense entry amount at the end of Year 1? Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer Enter your answer as rounded to the nearest whole number, for example: if the answer is 100, enter 100 if the answer is 100.49, enter 100 if the answer is 100.5, enter 101
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