puter language. . Depreciation to a Salvage Value of 0. For tax purposes an item may be depreciated over a period of several years, n. With the straight-line method of depreciation, each year the item depreciates by 1/nth of its original value. With the double-declining-balance method of depre- ciation, each year the item depreciates by 2/nths of its value at the beginning of that (In the final year it is depreciated by its value at the beginning of the year.) Write a program that performs the following tasks: (a) Request a description of the item, the year of purchase, the cost of the item, the num- ber of years to be depreciated (estimated life), and the method of depreciation. The method of depreciation should be chosen by clicking on one of two buttons. (b) Display a year-by-year description of the depreciation. See Fig. 6.15. year.
puter language. . Depreciation to a Salvage Value of 0. For tax purposes an item may be depreciated over a period of several years, n. With the straight-line method of depreciation, each year the item depreciates by 1/nth of its original value. With the double-declining-balance method of depre- ciation, each year the item depreciates by 2/nths of its value at the beginning of that (In the final year it is depreciated by its value at the beginning of the year.) Write a program that performs the following tasks: (a) Request a description of the item, the year of purchase, the cost of the item, the num- ber of years to be depreciated (estimated life), and the method of depreciation. The method of depreciation should be chosen by clicking on one of two buttons. (b) Display a year-by-year description of the depreciation. See Fig. 6.15. year.
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
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Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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![Depreciation to a Salvage Value of 0
Description
of item:
Year of
purchase:
Estimated life of
item (years):
computer
2008
Cost: 1500
Straight-Line Method
Double-Declining-Balance Method
Description: computer
Year of purchase: 2008
Cost: $1,500.00
Estimated life: 5
Method of depreciation: straight-ine
Value at beginning of 2008: $1.500.00
Amount of depreciation during 2008: $300.00
Total depreciation at end of 2008: $300.00
Value at beginning of 2009: $1.200.00
Amount of depreciation during 2009: $300.00
Total depreciation at end of 2009: $600.00
Value at beginning of 2010: $900.00
Amount of depreciation during 2010: $300.00
Total depreciation at end of 2010: $900.00
FIGURE 6.15 Sample output of Programming Project 7.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6080a182-9c27-4f69-8a23-b863d30485d5%2F6bed4351-8d77-4729-bdb9-687c7b0d2982%2Fx10w7z_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Depreciation to a Salvage Value of 0
Description
of item:
Year of
purchase:
Estimated life of
item (years):
computer
2008
Cost: 1500
Straight-Line Method
Double-Declining-Balance Method
Description: computer
Year of purchase: 2008
Cost: $1,500.00
Estimated life: 5
Method of depreciation: straight-ine
Value at beginning of 2008: $1.500.00
Amount of depreciation during 2008: $300.00
Total depreciation at end of 2008: $300.00
Value at beginning of 2009: $1.200.00
Amount of depreciation during 2009: $300.00
Total depreciation at end of 2009: $600.00
Value at beginning of 2010: $900.00
Amount of depreciation during 2010: $300.00
Total depreciation at end of 2010: $900.00
FIGURE 6.15 Sample output of Programming Project 7.
![computer language.
7. Depreciation to a Salvage Value of 0. For tax purposes an item may be depreciated over a
period of several years, n. With the straight-line method of depreciation, each year the item
depreciates by 1/nth of its original value. With the double-declining-balance method of depre-
ciation, each year the item depreciates by 2/nths of its value at the beginning of that year.
(In the final year it is depreciated by its value at the beginning of the year.) Write a program
that performs the following tasks:
(a) Request a description of the item, the year of purchase, the cost of the item, the num-
ber of years to be depreciated (estimated life), and the method of depreciation. The
method of depreciation should be chosen by clicking on one of two buttons.
(b) Display a year-by-year description of the depreciation. See Fig. 6.15.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6080a182-9c27-4f69-8a23-b863d30485d5%2F6bed4351-8d77-4729-bdb9-687c7b0d2982%2F732zi5q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:computer language.
7. Depreciation to a Salvage Value of 0. For tax purposes an item may be depreciated over a
period of several years, n. With the straight-line method of depreciation, each year the item
depreciates by 1/nth of its original value. With the double-declining-balance method of depre-
ciation, each year the item depreciates by 2/nths of its value at the beginning of that year.
(In the final year it is depreciated by its value at the beginning of the year.) Write a program
that performs the following tasks:
(a) Request a description of the item, the year of purchase, the cost of the item, the num-
ber of years to be depreciated (estimated life), and the method of depreciation. The
method of depreciation should be chosen by clicking on one of two buttons.
(b) Display a year-by-year description of the depreciation. See Fig. 6.15.
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