A machine costs $25,000 with an estimated salvage value of $2,000. It has an estimated useful life of 5 years. If the machine was purchased on January 10, what would be the book value of the machine at the end of year 1, using the straight-line method? Options: a. $20,000 b. $18,600 c. $23,000 d. $21,400
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- An asset cost $200,000. It has a salvage value of $40,000. It has a 10 year life. What would be its book value at the end of year one if it uses straight-line depreciation? Group of answer choices $144,000 $160,000 $40,000 $184,000An asset cost $200,000. It has a salvage value of $40,000. It has a 10 year life. What would accumulated depreciation be at the end of three years assuming straight line depreciation? Group of answer choices $60,000 $40,000 $48,000 $160,000Hi expert please give me answer general accounting
- Reference: Case Study S Dunn Manufacturing is considering the following two alternatives. The cost information for the two proposals for replacing an equipment are provided are in table below. Initial cost Benefits/year Machine X $120,000 $20,000 for the first 10 years and $9,000 for the next 10 years Life Salvage value $40,000 MARR 5.2. The NPW of machine X is A) $35,158 B) $48,192 C) $50,752 Machine Y $96,000 $12,000 per year for 20 years. 20 years 8% $20,000A computer with a life of 13 years has the following cost and interest rate. What is the EUAC of the computer? initial cost $5500 salvage value annual maintenance $3100 years 1-8 years 9-13 interest rate $275 $425 6% Correct Answer: $780 Your Answer: n/aEmma Company is considering buying a machine for $206,000 with an estimated life of 15 years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $20,500 each year. The cash payback on this investment is Round your answer 2 decimal places Selected Answer: 6,766.67 Correct Answer: 6.02 ± 0.05
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