Question
eBook Revision of Depreciation Show Me How Equipment with a cost of $674,600 has an estimated residual value of $77,600, has an estimated useful
eBook Revision of Depreciation Show Me How Equipment with a cost of $674,600 has an estimated residual value of $77,600, has an estimated useful life of 30 years, and is depre a. Determine the amount of the annual depreciation. 19,900 b. Determine the book value after 14 full years of use. $ 396,000 V c. Assuming that at the start of the year 15 the remaining life is estimated to be 20 years and the residual value is estimated to be $ 18,805 X Feedback Check My Wod Asset minus residual value equals depreciable cost. Straight-line method allocates the depreciable cost of the asset equally ove The book value is the fixed asset cost less accumulated depreciation.
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