Holp Savo & Eyse\ (1) UWorld\ ROGER\ CPA Review\

x

Company had been depreclating a machine with an original cost of

$125.000

and a salvage value of

$15.000

over its estimated useful ife of 10 years using straight line depsecialion. At the beginning of the seventh year.

x

Company determined that the machine will actually remain in use for a cotal of 12 years and will have a safivarje volfe or

$5,000

How much depreclation will

x

Company recognize in the seventh year?\ Multiple Choice\

$9,167

\

$7,333

\

$9,000

\

$10.000

X Company had been depreclating a machine with an original cost of $125.000 and a salvage value of $15.000 over its estimated uselul life of 10 years using straight lins depseclation. At the beginning of the seventh year. X Company determined that the machine will actually remain in use for a cotal of 12 years and will have a saivarye value or $5,000 How much depreclation will X Company recognize in the seventh year? Multiple Choice $9,167 $7,333 $9,000 $10,000