The initial cost of the office equipment is $100,000, an estimated actual life of 6 years, with an estimated salvage value of $10000. Prepare tables listing the annual costs of depreciation and the book value at the end of each 6 years, based on straight-line, sum-of-years'-digits, and MACRS depreciation.

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Romarie Khazandra MarijuanLv10

28 Sep 2019

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A company buys new office furniture for $75,000 with a 7-year depreciable life and a $5,000 Salvage Value. Use the following depreciation methods to determine the depreciation schedule (dt) and the office furniture's book value at the end of year 5. It is not being sold in year 5.

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