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if the value of machine is 50,000,estimated useful life is eight years and scrap value is 4000 calculate straight line method for 2 years
Answers
Answered by
drwls
Depreciate 1/8 of 46,000 per year.
That is $5750 per year.
The depreciated value is $44,250 after one year and $38,500 after two years.
That is $5750 per year.
The depreciated value is $44,250 after one year and $38,500 after two years.
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