- C The Outback Steakhouse Main Office Has Purchased A 100 000 Online Document Imaging System With An Estimated Useful L 1 (357.07 KiB) Viewed 44 times
c) The Outback Steakhouse main office has purchased a $100,000 online document imaging system with an estimated useful life of 8 years and a tax depreciation recovery period of 5 years. Compare the present worth of total depreciation for (a) the SL method, (b) the DDB method, and (c) DDB-to-SL switching. (d) Perform the DDB-to-SL switch and plot the book values. Use a rate of i=10% per year [5 Marks] Geita Gold Mining has an estimated deposit of 400,000 ounces of gold has a basis of Tsh.32 million and the value of land being Tsh 3.3 billion. The mine has a gross income of Tsh. 16, 425, 000.00 for the year from selling 45,000 ounces of gold (at a unit price of 365 per ounce). In Tanzania, the gold has 15% depletion allowance. Mining expenses before depletion equal to Tsh. 12, 250,000.00 Compute the cost depletion [5 Marks]