Answer: 2000 Step by step: Total cost of the equipment=equipment cost+shipping cost+installation cost Total cost of the equipment=18,000+620+590= 19210
Now compute the annual depreciation depreciation per year=(Cost of equipment-Salvage Value) ÷ Estimated Useful Life = (19210 - 2000) ÷ 10 =1721 Per year
Compute the accumulated depreciation 1,721×10 years=17210
So the book value at the end of year 10 is 19210-17210= 2000