Answer:
option (a) $6,240
Step-by-step explanation:
Given:
Purchasing cost of the equipment = $82,000
Estimated life = 5 years
Salvage value = $4,000
Revised expected life = 8 years
Now,
Depreciation per year =
therefore,
The accumulated Depreciation at the beginning of year 4
= Annual depreciation × years passed
= 15,600 × 3
= $46,800
Thus,
The book value at the beginning of year 4
= Purchasing cost - Depreciation
= $82,000 - $46,800
= $35,200
Now,
The remaining life = Revised estimated life - Years passed
= 8 - 3
= 5 years
therefore,
Depreciation expense =
=
= $6,240
Hence,
The correct answer is option (a) $6,240
You would do 2 divided by 9 to get that each person would have 2/9 of a gallon or .22 of a gallon. I hope this helps.
Answer:
$425
Step-by-step explanation:
45,765 divided by 26 equals 1,760.192307692308
34,715 divided by 26 equals 1,335.192307692308
1,760.192307692308-1,335.192307692308=425