v On January 1, B B bought equipment for $156,000 plus 7 sales tax with terms 2 10, n 30 B B Tech paid for the machine on January 30 Transportation charges to deliver the equipment were $450, and installation and testing costs totaled $2,450 The estimated useful life is 8 years and the estimated salvage value is $31,220 In addition, B B paid $16,000 on January 1, Year 4 for an improvement to the equipment which Increased its useful life to a total of 12 years What would be the accumulated Depreciation after Year 3 A $17,325 B $31,220 C $51,975 D $62,274 E None of the Above On January 1, B B bought equipment for $156,000 plus 7 sales tax with terms 2 10,n 30 B B Tech paid for the machine on January 30 Transportation charges to deliver the equipment were $450, and installation and testing costs totaled $2,450 The estimated useful life is 8 years and the estimated salvage value is $31,220 In addition, B B paid $16,000 on January 1, Year 4 for an improvement to the equipment which increased its useful life to a total of 12 years What would be the accumulated Depreciation after Year 3 A $17,325 B $31,220 C $51,975 D $62,274 E None of the Above

Question

v On January 1, B B bought equipment for $156,000 plus 7  sales tax with terms 2 10, n 30  B B Tech paid for the machine on January 30 Transportation charges to deliver the equipment were $450, and installation and testing costs totaled $2,450  The estimated useful life is 8 years and the estimated salvage value is $31,220  In addition, B B paid $16,000 on January 1, Year 4 for an improvement to the equipment which Increased its useful life to a total of 12 years  What would be the accumulated Depreciation after Year 3  A  $17,325 B  $31,220 C  $51,975 D  $62,274 E  None of the Above  On January 1, B B bought equipment for $156,000 plus 7  sales tax with terms 2 10,n 30  B B Tech paid for the machine on January 30 Transportation charges to deliver the equipment were $450, and installation and testing costs totaled $2,450  The estimated useful life is 8 years and the estimated salvage value is $31,220  In addition, B B paid $16,000 on January 1, Year 4 for an improvement to the equipment which increased its useful life to a total of 12 years  What would be the accumulated Depreciation after Year 3  A  $17,325 B  $31,220 C  $51,975 D  $62,274 E  None of the Above

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v On January 1, B&B bought equipment for $156,000 plus 7% sales tax with terms 2/10, n/30. B&B Tech paid for the machine on January

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