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Sandhill Company purchase a hot tub for $9210 on January 1, 2016. Straight-line dereciation is used, based on a 6-year life and a $1470 salvage
Sandhill Company purchase a hot tub for $9210 on January 1, 2016. Straight-line dereciation is used, based on a 6-year life and a $1470 salvage value. In 2018, the estimates are revised. Sandhill now feels the hot tub will be used until December 31, 2020, when it can be sold for $690. Compute the depreciation. Depreciation expense, 2018 $
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