Taskmaster Inc Purchased A New Van On January 1st The Van Cost 20 000 And Taskmaster Inc Believed That They Would Us 1 (36.66 KiB) Viewed 58 times
Taskmaster Inc. purchased a new van on January 1st. The van cost $20,000 and Taskmaster Inc. believed that they would use the van for 8 years and drive it a total of 200,000 miles. At the end of the 8 years they believed that the van would still have $2,000 of value. Over the course of the year Taskmaster Inc. drove the van 32,000 miles. Question 6 Homework . Answered What is the Depreciable Cost for the Van purchased by Taskmaster Inc.? Type your answer and submit X2 X Ω, 2000 Answered • 1 attempt left Resubmit Question 7 Homework. Unanswered Using the straight-line method, what would Taskmaster Inc. record the depreciation expense of the Van to be for Year 1? Type your answer and submit X X Write your response here... Unanswered . 2 attempts left Submit Question 8 Homework. Unanswered Using the Units of Activity Method, what would Taskmaster Inc. calculate the depreciation rate to be? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $.10 per mile b $.09 per mile с $.625 per mile d $.5625 per mile Unanswered . 2 attempts left Submit Question 9 Homework. Unanswered Using the units of activity method, what would Taskmaster Inc. record the depreciation expense of the Van to be for Year 1? Type your numeric answer and submit Unanswered . 2 attempts left Submit
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