Problem $13-41$ Increasing Residual Income over Time $($LO $13-2,13-4,13-5)$

Suncoast Food Centers has provided the following information with regard to the purchase of equipment.

Acquisition cost of equipment

Useful life

Salvage value at end of useful life

Annual straight$-$line depreciation

Annual income generated by asset

$($before deducting depreciation$)$

$$520,000$

years

$$104,000$

$$156,000$

Use a $10$ percent rate to compute the imputed interest charge.

Required:

Complete the following table.