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Turner Building Contractors bought a piece of construction equipment on 1/1 at a cost of $33,000, an estimated salvage (residual) value of $1,000, and an
Turner Building Contractors bought a piece of construction equipment on 1/1 at a cost of $33,000, an estimated salvage (residual) value of $1,000, and an estimated useful life of 4 years. The equipment is depreciated on a straight-line basis. At the end of year 3, what amount will be reported by Turner Building Contractors for accumulated depreciation? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Firestone Auto Repair had the following new inventory costs for the month of September: New inventory purchases $6,000 Freight costs incurred $170 Purchase discounts taken $300 If the beginning balance in Firestone Auto Repair's inventory account was a $4,000 debit, what is the new balance in the inventory account after considering the new purchases? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Turner Building Contractors bought a piece of construction equipment on 1/1 at a cost of $33,000, an estimated salvage (residual) value of $1,000, and an estimated useful life of 4 years. The equipment is depreciated on a straight-line basis. At the end of year 3, what amount will be reported by Turner Building Contractors for accumulated depreciation? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Firestone Auto Repair had the following new inventory costs for the month of September: New inventory purchases $6,000 Freight costs incurred $170 Purchase discounts taken $300 If the beginning balance in Firestone Auto Repair's inventory account was a $4,000 debit, what is the new balance in the inventory account after considering the new purchases? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123
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