Question
Main milling machine: Purchase price in 2010 7 500 000 Residual value 100 000 Estimated useful life 10 years First special component: Purchase price 1
Main milling machine: Purchase price in 2010 7 500 000 Residual value 100 000 Estimated useful life 10 years First special component: Purchase price 1 200 000 Residual value 60 000 Estimated useful life 6 years Second special component: Purchase price 2 000 000 Residual value (20% x 2 000 000) 400 000 What is the total depreciation for 2016?
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Modeling Monetary Economies
Authors: Bruce Champ, Scott Freeman, Joseph Haslag
4th Edition
1316508671, 1316508676, 9781316723302 , 978-1107145221
