A piece of equipment is purchased for $18,000.00 and has a salvage value of $2,000.00. The estimated life is 10 years and the method of depreciation is straight-line. Shipping costs total $620.00 and installation costs are $590.00. The depreciation for year 2 is

$1721.00

$1800.00

$200.00

$1921.00

Question

Lucille Hurst

24 September, 17:31

+3

Answers (1)

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Isabell Fritz · Answer 1

The full $1921.00 because of company incrued cost

A piece of equipment is purchased for $18,000.00 and has a salvage value of $2,000.00. The estimated life is 10 years and the method of depreciation is straight-line. Shipping costs total $620.00 and installation costs are $590.00. The depreciation for year 2 is$1721.00$1800.00$200.00$1921.00