Find the amount of deprecation for the following using the straight line method: Cost: $8,500 Estimated Life: 18 years E
Posted: Sun Jul 10, 2022 11:13 am
Find the amount of deprecation for the following using the straight line method: Cost: $8,500 Estimated Life: 18 years Estimated scrap value $1,000 Amount to be depreciated cost-Salvage value = 8,500 - 1,000 = 7,500 a. Annual Depreciation $38,200 10 years Cost: Estimated Life: Estimated scrap value $150 b. Annual Depreciation