Question
What are the answers to the depreciation to each Asset listed: 1)Asset #: 14 Item description: Full Electric Powered Lift & Drive Straddle Stacker Condition:
What are the answers to the depreciation to each Asset listed:
1)Asset #: 14
Item description: Full Electric Powered Lift & Drive Straddle Stacker
Condition: Excellent
Years left of service: 7
Initial value: $7,600
Down payment: $1,000
Date purchased or leased: 09/27/19
Loan term: 2 years
Loan rate: 7%
MONTHLY PAYMENT:
MONTHLY OPERATING COST:
TOTAL MONTHLY COST:
EXPECTED VALUE AT THE END OF LOAN TERM:
ANNUAL STRAIGHT LINE DEPRECIATION:
MONTHLY STRAIGHT LINE DEPRECIATION:
CURRENT VALUE:
2)Asset #: 22
Item description: 2014 Toyota Tacoma, black with leather interior
Condition: Good
Years left of service: 10
Initial value: $23,400
Down payment: $4,000
Date purchased or leased: 09/20/19
Loan term: 4 years
Loan rate: 10%
MONTHLY PAYMENT:
MONTHLY OPERATING COST:
TOTAL MONTHLY COST:
EXPECTED VALUE AT THE END OF LOAN TERM:
ANNUAL STRAIGHT LINE DEPRECIATION:
MONTHLY STRAIGHT LINE DEPRECIATION:
CURRENT VALUE:
3)Asset #: 24
Item description: Large metal shelves
Condition: Used
Years left of service: 8 years
Initial value: $1,200
Down payment: $1,200
Date purchased or leased: 09/05/19
Loan term: N/A
Loan rate: N/A
MONTHLY PAYMENT:
MONTHLY OPERATING COST:
TOTAL MONTHLY COST:
EXPECTED VALUE AT THE END OF LOAN TERM:
ANNUAL STRAIGHT LINE DEPRECIATION:
MONTHLY STRAIGHT LINE DEPRECIATION:
CURRENT VALUE:
4)Asset #: 19
Item description: Lenovo PC ThinkPad X270 (5 total)
Condition: Excellent
Years left of service: 6 years
Initial value: $430/computer
Down payment: $800
Date purchased or leased: 09/05/19
Loan term: 1 year
Loan rate: 4%
MONTHLY PAYMENT:
MONTHLY OPERATING COST:
TOTAL MONTHLY COST:
EXPECTED VALUE AT THE END OF LOAN TERM:
ANNUAL STRAIGHT LINE DEPRECIATION:
MONTHLY STRAIGHT LINE DEPRECIATION:
CURRENT VALUE:
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