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how much interest will be expenses? 5. Purchased a piece of land for was $10,000. Sale of scrap from the old $1,000 related to the
how much interest will be expenses? 5. Purchased a piece of land for was $10,000. Sale of scrap from the old $1,000 related to the period subsequent of the land? dece of land for 100.000. Cost of demolishing the old building standing on the land e of scrap from the old building: $6,000. Paid property tax of $3,000, of which period subsequent to the purchase date. How much is the capitalized cost On January 1, 2018, You sold a machine for $25,00 for $50,000 with an estimated life of 5 years the loss or gain on sale of land. y 1, 2018, You sold a machine for $25,000. You originally bought it on January 1, 2016 with an estimated life of 5 years straight-line method of depreciation). How much is on January 1, 2018, you bought a machine for $60,000 with an estimated life of 5 years. Estimated salvage value of the machine at the end of life: $10,000. Total estimated production throughout the life: 100,000 units. A. Depreciation expense for 2019 under double-declining depreciation method: B. Accumulated depreciation at the end of 2019 under straight line method: C. Book value at the end of year 2019 under Unit-of-production method when production for 2018 and 2019: 20,000 & 30,000 respectively D. Depreciation expense for 2018 under SYD method
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