A draw bench for precision forming and strengthening of carbon steel tubing has a cost of $1,110,000. It will have a salvage value of$76,000 after a useful life of 10 years.Part aUsing the formulas, determine the depreciation charge for year 8 and the book value at the end of year 8 if straight-linedepreciation is used.Depreciationcharge:Book value:$$

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Answered: A draw bench for precision forming and…

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

Section: Chapter Questions

Problem 1PS

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Provide step by step manual solution, given, and depreciation table for below mentioned problem. Make sure yet that your answer is the same as the given answer before sending your solution. An asset costing P50,000 has a life expectancy of 6 years and an estimated salvage value of P8,000. Calculate the depreciation charge at the end of the fourth period using fixed-percentage method. Answer. P5,263.87
Show Me How Print Item Straight-Line Depreciation A building acquired at the beginning of the year at a cost of $1,630,000 has an estimated residual value of $340,000 and an estimated useful life of 10 years. Determine the following. a. The depreciable cost b. The straight-line rate c. The annual straight-line depreciation Check My Work Email Instructor All work saved. GMX earch 近

Engineering Economy, Chapter 16: Depreciation Methods The manager of a Glidden Paint manufacturing plant is planning to use SL, DDB or MACRS to compare the total depreciation of the first 3 years for a recently purchased mixer that has a first cost of 300,000 QAR, a 5-year recovery period, and a 60,000 QAR salvage value. Find total depreciation of the first three years and the book value at year 3 using SL, DDB and MACRS.
Freeport-McMoRan Copper and Gold has purchased a new ore grading unit for $80,000. The unit has an anticipated life of 10 years and a salvage value of $ 10,000. Use the DB and DDB methods to compare the schedule of depreciation and book values for each year. Solve by hand and by spreadsheet.
I need the solution in handwriting The following are the cost of a system and the useful life is five years. The salvage value for depreciation purpose is equal to 25% of the hardware cost Item Cost Hardware $170,000 Training Installation $18,000 $18,000 a) What is the book value of the system at the end of year three if Straight line method is used? b) Suppose that after depreciation of the system for two years with straight line, the company decides to switch to the decline method for the reminder of the system life (depreciation rate 30%). What is the system Book Value at the end of four years? (
A surface mount PCB placement/soldering line is to be installed for $1,800,000. It will have a salvage value of $90,000 after 5 years. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset’s life. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset’s life using declining balance depreciation using double declining balance switching to straight line depreciation.
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Welding machine cost P50,000 and has a life of 12 years and a salvage value of P8,000 at the end of its expected life. Compute the depreciation on the 3rd year using Modified accelerated cost recovery system.
Initial Cost of $55,000, annual O&M costs of $800 increasing by $100 annually, salvage value of $6,000 at the end of it's 10 year useful life. Sheet 1 - Depreciation Calculate the depreciation for each year and book value using the appropriate MACRS recovery period for your vehicle.
A new machine costs $200,000 and has a useful life of 5 years, with a salvage value of $30,000. It will cost $5,000 to dismantle and remove the machine at the end of its useful life. Use straight line depreciation to determine book value of asset at end of year 3.
build a modelA purchased machine cost $320,000, with delivery and installation charges amounting to $30,000. The declared salvage value was $50,000. Its useful life is 10 years. a) Compute the SL depreciation schedule over its useful life. b) Compute the DDB depreciation schedule over its useful life. c) Compute the MACRS depreciation schedule. Its ADR life is 12 years. d) Early in Year 4, the company changed its product mix and found that it no longer needed the machine. One of its competitors agreed to buy the machine for $110,000. Determine the loss, gain, or recapture on the sale. Use the MACRS schedule
Make a partial depreciation schedule for the third year using the units-of-production depreciation for a laser engraver that costs $41,000 and has a scrap value of $5,000. The engraver has an expected life of 200,000 hours and is expected to last 15 years. Year Hours used 24,419 1 2 20,566 3 22,599 Annual Accumulated depreciation depreciation Year Complete the table below. Round each answer to the nearest cent. Hours Annual REVE Accumulated End-of-year used depreciation depreciation book value 1 24,419 $4,395.42 20,566 $3,701.88 2 3 22,599 $4,395.42 End-of-year book value $8,097.3 $36,604.58 $32,902.7

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