A contractor imported a bulldozer for his job paying 250,000 to the manufacturer. Freight and the insurance charges amounted to 18,000; broker's fees and other services, 8,500; taxes, permits and other initial expenses, 25,000. If the contractor estimates the life of the bulldozer to be 10 years with a salvage of 20,000, determine the book value at the end of 6 years, using SLM, SFM @ i=8%, DBM, DDBM and SYD. USE DEPN SCHEDULE TO SOLVE THE PROBLEM

Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
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A contractor imported a bulldozer for his job paying 250,000 to the manufacturer. Freight and the insurance charges amounted to 18,000; broker's fees and other services, 8,500; taxes, permits and other initial expenses, 25,000. If the contractor estimates the life of the bulldozer to be 10 years with a salvage of 20,000, determine the book value at the end of 6 years, using SLM, SFM @ i=8%, DBM, DDBM and SYD. USE DEPN SCHEDULE TO SOLVE THE PROBLEM
EX. 2
A contractor imported a bulldozer for his job
paying 250,000 to the manufacturer. Freight
and the insurance charges amounted to
18,000; broker's fees and other services,
8,500; taxes, permits and other initial
expenses, 25,000.
If the contractor estimates the life of the
bulldozer to be 10 years with a salvage of
20,000, determine the book value at the end
of 6 years, using SLM, SFM @ i=8%, DBM,
DDBM and SYD. USE DEPN SCHEDULE TO
SOLVE THE PROBLEM
Transcribed Image Text:EX. 2 A contractor imported a bulldozer for his job paying 250,000 to the manufacturer. Freight and the insurance charges amounted to 18,000; broker's fees and other services, 8,500; taxes, permits and other initial expenses, 25,000. If the contractor estimates the life of the bulldozer to be 10 years with a salvage of 20,000, determine the book value at the end of 6 years, using SLM, SFM @ i=8%, DBM, DDBM and SYD. USE DEPN SCHEDULE TO SOLVE THE PROBLEM
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