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a company purchased a lathe with a useful life of 4 years and a salavage value of $5,000.00 if the lathe cost $45,000.00 what i...Asked by unknown
a company purchased a lathe with a useful life of 4 years and a salavage value of $5,000.00 if the lathe cost $45,000.00 what is the lathes first year depreciation using the sum-of-the years digits method?
would it be $12,000.00
would it be $12,000.00
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Answered by
Baily
the answer is $12,000
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