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Revision of depreciation Equipment with a cost of $ 7 4 9 , 2 0 0 has an estimated residual value of $ 8 6

Revision of depreciation
Equipment with a cost of $749,200 has an estimated residual value of $86,200, has an estimated useful life of 30 years, and is depreciated by the straight-line method.
a. Determine the amount of the annual depreciation.
fill in the blank 1 of 1$
b. Determine the book value after 14 full years of use.
fill in the blank 1 of 1$
c. Assuming that at the start of the year 15 the remaining life is estimated to be 22 years and the residual value is estimated to be $83,400, determine the depreciation expense for each of the remaining 22 years.
fill in the blank 1 of 1$

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