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Goodson Healthcare purchased a new sonogram imaging unit for $ 3 0 0 , 0 0 0 and a truck body and chassis for an

Goodson Healthcare purchased a new sonogram imaging unit for $300,000 and a truck body and chassis for an additional $100,000 to make the unit mobile. The unit-truck system will be depreciated as one asset. The functional life is 8 years, and the salvage is estimated to be 10% of the purchase price of the imaging unit regardless of the number of years of service. Use classical straight line depreciation to determine the annual depreciation.

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