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Given: Initial Cost, P = $50,000 Salvage Value at the end of 5 years, S = $10,000. Depreciable Life, N= 5 Years Projected Actual Year
Given: Initial Cost, P = $50,000 Salvage Value at the end of 5 years, S = $10,000. Depreciable Life, N= 5 Years Projected Actual Year Production, units Production, units 1 4,500 5,000 2 5,000 4,000 3 3,500 3,000 4 5,500 5,000 5 6,500 Not known Total 25,000 If the equipment in problem 4 is sold at the end of year 4 for $30,000, what is the depreciation recapture on this equipment
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