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13 Mar 2019
Write an equation of the line containing the specified point and perpendicular to the indicated line.
(-4, 5) 7x-2y=1
Write an equation of the line containing the specified point and perpendicular to the indicated line.
(-4, 5) 7x-2y=1
Elin HesselLv2
14 Mar 2019
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Exercise #2
| Xi Company purchased a new machine on October 1, 2014, at a costof $96,000. The company estimated that the machine will have asalvage value of $12,000. The machine is expected to be used for10,000 working hours during its 5-year life. Instructions Compute the depreciation expense under the following methods forthe year indicated.
|
| Buildings | 1,500,000.00 | |||||||||
| Furniture | 55,000.00 | |||||||||
| Equipment | 20,000.00 | |||||||||
| Land | 200,000.00 | |||||||||
| Use SLN and VDB depreciationfunctions. Use an IF formula to enter 0 if this period is greaterthan the useful life of the asset. | ||||||||||
| Depreciation Schedule | ||||||||||
| Item | Cost | Salvage | Useful Life | Method | Period | Depreciation | ||||
| Buildings | 1,500,000.00 | 200,000.00 | 50 | Straight Line | 14 | |||||
| Furniture | 10,000.00 | 500.00 | 10 | Straight Line | 14 | Sold this year for $5,000 | ||||
| Furniture | 2,000.00 | - | 10 | Straight Line | 8 | |||||
| Furniture | 1,500.00 | - | 10 | Straight Line | 6 | |||||
| Furniture | 8,500.00 | 500.00 | 10 | Straight Line | 4 | |||||
| Furniture | 8,000.00 | 500.00 | 10 | Straight Line | 3 | |||||
| Furniture | 25,000.00 | 1,000.00 | 10 | Straight Line | 2 | |||||
| Equipment | 2,000.00 | - | 5 | Double Declining | 14 | |||||
| Equipment | 1,500.00 | - | 5 | Double Declining | 5 | |||||
| Equipment | 7,500.00 | 800.00 | 5 | Double Declining | 4 | |||||
| Equipment | 8,000.00 | 500.00 | 5 | Double Declining | 3 | |||||
| Equipment | 1,000.00 | 250.00 | 5 | Double Declining | 2 | |||||
| Land | 200,000.00 | - | ||||||||
| 1,775,000.00 | ||||||||||
