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Cost of Equipment $500,000 Est. Useful life 5 Est. SV $50,000 Production Life hours 30000 Date of Purchase July1,2019 Compute Book Value (BV) at Dec.31,
Cost of Equipment | $500,000 | ||||
Est. Useful life | 5 | ||||
Est. SV | $50,000 | ||||
Production Life hours | 30000 | ||||
Date of Purchase | July1,2019 | ||||
Compute Book Value (BV) at Dec.31, 2020 under Straight Line Method (SLM) |
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