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what will be the deprication in 2024 Oriole Enterprises purchased equipment on March 15,2024, for $68,620. The company also paid the following amounts; $500 for
what will be the deprication in 2024
Oriole Enterprises purchased equipment on March 15,2024, for $68,620. The company also paid the following amounts; $500 for freight changes: $193 Sor insurance while the equipment was in transit; \$1,828 for a one-year insurance policy; $2,127 to train employees to use the new equipment: and $2.527 for testing and installation. The company began to use the equipment on April 1 Oriole has estimated the equipment wa have a 10 -year useful life with no residual value. It expects to consume the equipment's future economic benefits evenly over the useful He. The company has a December 31 year end Step by Step Solution
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