A Moving to another question will Quèstion 34 A consortium of international telecommunication companies contracted for the purchase and installment of a fiber optic cable linking two major cities at a total cost of US$930 million. The amount includes freight and installation charges estimated at 10% of the above contract price. If the cable shall be depreciated over a period of 12 years with zero salvage value. What is the book value after 5 years using straight line method? Express your answer in whole number.

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
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Quèstion 34
A consortium of international telecommunication companies contracted for the purchase and installment of a fiber optic cable linking two major cities at a total cost of US$930 million.
The amount includes freight and installation charges estimated at 10% of the above contract price. If the cable shall be depreciated over a period of 12 years with zero salvage value.
What is the book value after 5 years using straight line method?
Express your answer in whole number.
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Transcribed Image Text:Moving to another question will sa Quèstion 34 A consortium of international telecommunication companies contracted for the purchase and installment of a fiber optic cable linking two major cities at a total cost of US$930 million. The amount includes freight and installation charges estimated at 10% of the above contract price. If the cable shall be depreciated over a period of 12 years with zero salvage value. What is the book value after 5 years using straight line method? Express your answer in whole number. « < Question 34 of 50 >> A Moving to another question will save this response, Priv Term acer Del Home F11 F12 PrtSc Pause F7 F8 F9 F10 Ins F4 F5 F6 Scr Lk SysRq Break F1 F2 F3 54 Coca) & Ba % 7 8 9. 4 5 € 6 P W E Y %3D K // 3.
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