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Not yet Bansko Inc. has just purchased a new lift for $200,000. The lift's useful life is 8 years, and the company expects the salvage
Not yet Bansko Inc. has just purchased a new lift for $200,000. The lift's useful life is 8 years, and the company expects the salvage value at the end of year 8 to be $40,000. Using straight-line depreciation, the annual depreciation expense will be and the book value of the lift at the end of year 5 will be Points out of 1.00 P Flag question Select one: a. $20,000; $75,000 b. $30,000; $50,000 c$30,000 $100,000 d. $25,000; $50,000 e. $20,000; $100,000 f. $25,000; $75,000 When a $50,000 depreciation expense is incurred Question 5 Not yet answered Points out of 1.00 P Flag question Select one: 0 a. there is no impact on cash flows and thus depreciation doesn't need to be included in a cash flow based project analysis. b. it is equivalent to a $50,000 cash inflow. c.it is equivalent to a $50,000 cash outflow. d. there is no direct impact on the cash flows, but depreciation does impact the amount of cash paid in taxes
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