-23000X 3990-5 Exercise (5) On 2010 January 1, Jackson Compar 400,000, and installation and testing has an estimated useful life of 10 yeai 40,000. If Jackson uses the straight-line depr for 2010 is: A. USD 36,000. B. USD 40,000. C. USD 44,000. D. USD 80,000. E. USD 88,000. purchasee Insalal

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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265000
8 188 -
b) Amount of D.pE Cos)- Salvege
Rate
Too
26500-3 00 17-35
%3D
O Boolk= cast (DiP)
= 26500-3990-5
ミ23000 17-35
3990-5
Exercise (5)
On 2010 January 1, Jackson Company purchased equipment for USD
400,000, and installation and testing costs totaled USD 40,000, The equipment
has an estimated useful life of 10 years and an estimated salvage value of USD
40,000.
If Jackson uses the straight-line depreciation method, the depreciation expense
for 2010 is:
A. USD 36,000.
B USD 40,000.
C. USD 44,000.
D. USD 80,000.
E. USD 88,000.
= 22509.5
purhesed 1orice+u0o 600
Insalalalioh coste
U40000
cost
Depre ilHon
40000
%3D
installaficn
CO
Transcribed Image Text:265000 8 188 - b) Amount of D.pE Cos)- Salvege Rate Too 26500-3 00 17-35 %3D O Boolk= cast (DiP) = 26500-3990-5 ミ23000 17-35 3990-5 Exercise (5) On 2010 January 1, Jackson Company purchased equipment for USD 400,000, and installation and testing costs totaled USD 40,000, The equipment has an estimated useful life of 10 years and an estimated salvage value of USD 40,000. If Jackson uses the straight-line depreciation method, the depreciation expense for 2010 is: A. USD 36,000. B USD 40,000. C. USD 44,000. D. USD 80,000. E. USD 88,000. = 22509.5 purhesed 1orice+u0o 600 Insalalalioh coste U40000 cost Depre ilHon 40000 %3D installaficn CO
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