9. Cost of a machine = $1,120,500 salvage value = $10,500 Useful Life = 5 Years Deprecation for the last year using the Sum of digits method will be: (a) $ 6,800 (b) $ 20,400

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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9. Cost of a machine = $1,120,500 salvage value = $10,500 Useful Life = 5 Years Deprecation for the last
year using the Sum of digits method will be:
(a) $ 6,800
(b) $ 20,400
(c) $ 34,000
(d) $ 27,200
Transcribed Image Text:9. Cost of a machine = $1,120,500 salvage value = $10,500 Useful Life = 5 Years Deprecation for the last year using the Sum of digits method will be: (a) $ 6,800 (b) $ 20,400 (c) $ 34,000 (d) $ 27,200
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