Wildhorse Company purchased a computer for $9.440 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1,180 salvage 31, 2022, when it can be sold for value. On January 1, 2021, the estimates are revised. Wildhorse now feels the computer will be used until December 3 $590. Compute the 2021 depreciation (Round answer to 0 decimal places, eg 45,892) Depreciation expense, 2021 S

Wildhorse Company purchased a computer for $9.440 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1,180 salvage 31, 2022, when it can be sold for value. On January 1, 2021, the estimates are revised. Wildhorse now feels the computer will be used until December 3 $590. Compute the 2021 depreciation (Round answer to 0 decimal places, eg 45,892) Depreciation expense, 2021 S

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

An asset has an expected life of 15 years, but is to be depreciated using a MACRS 7-year property classification. The initial cost of the property was $650,000. The property required $60,000 in delivery and setup. What is the cost basis for the property? What is the appropriate depreciation for each year? What is the cost basis for the property?
Only typing solution required
Please use depreciation method
An equipment costs 500,000 TL and will be used for 7 years at which time the salvage value will be 80,000 TL. What is annual depreciation and the book value at the end of year 4 if Straight Line Depreciation (SLD) is used? 1. End of Year 1 2 3 4 15 6 7 Depreciation o Book Value 500000 a) O ii) SLD: D4 =71,428; BV4= 214285; b) O i) SLD: D4=70,000; BV4= 340,000; C) O i) SLD: D4 =60,000; BV4= 260,000; d) O i) SLD: D4 =60,000; BV4= 200,000; e) i) SLD: D4 =60,000; BV4= 320,000; Boş bırak
2. Determine the depreciation charge
9.16 You purchased a molding machine at a cost of $88,000. It has an estimated useful life of 12 years with a salvage value of $8,000. Determine the following: The amount of annual depreciation computed by the straight-ling method.
The total cost of a milling machine is P865821 including taxes and it can last up to 8 years. What will be its annual depreciation in the 5th year when its salvage value is P43073, using SYD Method?
43-44
The depreciation schedule for certain equipment has been arrived at by various methods. The estimated salvage value of the equipment at the end of its 7 year useful life is $700. Identify the resulting depreciation schedules. Year I II III IV 1 $1,329 $2,325 $2,857 $3,161 2 $1,329 $1,993 $2,041 $2,162 3 $1,329 $1,661 $1,458 $1,478 4 $1,329 $1,329 $1,041 $1,011 5 $1,329 $ 996 $ 744 $ 692 6 $1,329 $ 664 $ 531 $ 473 7 $1,329 $ 332 S 379 $ 323 Which scheme represents DB depreciation? Select one: II III IV I
A machine has a 1st cost of P 140,000 and a life of 8 years with a salvage value of P10,000 at the end of its useful life. Using double declining balance method a. What is the Book Value on the 3rd year? b. What is the depreciation charge in the 4th year?
You are evaluating two different silicon wafer milling machines. The Techron | costs $264,000, has a 3-year life, and has pretax operating costs of $71,000 per year. The Techron Il costs $460,000, has a 5-year life, and has pretax operating costs of $44,000 per year. For both milling machines, use straight-line depreciation to zero over the project's life and assume a salvage value of $48,000. If your tax rate is 22 percent and your discount rate is 12 percent, compute the EAC for both machines. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) > Answer is complete but not entirely correct. Techron I $ -134,840.83 Techron II $ -107,570.18
Given: Desk purchased January 12 for $2,000; 8-year useful life; $600 salvage value. Calculate depreciation, to the nearest dollar, for year 2 using the 200% declining-balance method.