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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- I want to correct answer general accountingA new machine can be purchased for $50,000. Its expected useful life is seven years, with a salvage value of $5,000. Annual revenues will be $22,000 per year and annual expenses will be 8,000 per year, over the seven-year study period. If the MARR is 10%, determine whether the offer should e accepted. O a. Acceptable and its AW = $4257 O b. Not acceptable and its AW = $2,345 O. Acceptable, and its AW = $5067 O d. Not acceptable and its AW = -$3,281Reference: 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% $20,000
- Two alternatives are being considered for installation. Which should be selected based on an interest rate of 5.6% per year ? Alternative A Alternative B First Cost, $ 135,000 462,000 Annual Operating Cost, $/yr 76,000 34,600 Salvage value, $ 71,200 n/a Life, years 9 ∞Emma 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 ± 0.05The Baldwin Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $4,090,000. What will the book value of this purchase (exclude all other plant and equipment) be after its third year of use? (Use FASB GAAP) Select : 1 Save Answer $35,446,667 $32,720,000 $33,538,000 $29,448,000
- Solve it manually.Please answer question 8 with details on how to do it. Thank you.An automated assembly robot that cost $300,000 has a recovery period of five years with an expected $50,000 salvage value. If the MACRS depreciation rates for years 1, 2, and 3 are 20.0%, 32.0%, and 19.2%, respectively, what is the depreciation recapture, capital gain, or capital loss, provided the robot was sold after 3 years for $80,000?
- Two pumps are being considered for purchase for a service life of 10 years. Interest rate is 5%. Alternatives Pump 1 Pump 2 Initial Cost $60,000 $75,000 Estimated salvage value at end of useful life $10,000 $12,000 Useful Life 6 years 12 years Estimated market value, end of 10-year $12,000 $15,000 Apply the present worth technique, which pump should be considered? Solution: 1. Neither input nor output is the same, calculate the net present worth (NPW) 2. NPW;: o Initial cost: PW= o Equivalent PW for salvage and replacement together: PW= k; o Cash flow at the end of 10 years, PW= k; o Thus NPW = k. 3. NPW2: o Initial cost: PW= o Equivalent PW for salvage and replacement together: PW= k; o Cash flow at the end of 10 years, PW= k; o Thus NPW2= k. 4. Hence useThe cost of a new machine is $40,000 and the new machine takes $2,000 to install. At the end of its useful life, its salvage value is $5,000. Under the modified accelerated cost recovery system (MACRS), what is the depreciable value of the new machine? a $35,000 b $37,000 c $42,000 d $40,000You are to create a year-by-year depreciation schedule for an asset that has a cost basis (B) of $950,000 and estimated salvage value (SV10) of $80,000 after 10 years. For the straight-line and 200% declining balance methods, use a depreciable life (N) of 10 years. For MACRS, use a recovery period (N) of 7-yrs. ΕΟΥ, Κ 0 1 2 3 4 5 6 7 8 9 10 Straight-Line dk BVk 950,000 Declining Balance dk BVk 950,000 MACRS dk BVk 950,000 Upload your table AND summary calculations to this assignment. You do not need to show EVERY calculation but you do need to include the equations you used to complete the table.