The initial outlay for the project after depreciation is loss of $26,700.
<h3>What is
depreciation?</h3>
Depreciation in accounting refers to two parts of the same concept: first, the real decline in fair value of an asset, such as the worth of factory equipment each year.
Depreciation is used to match the cost of a productive asset with a useful life of more than a year to the revenues received by employing the asset. The expense of an asset is frequently spread out throughout the years that it is used.
Section 32 of the Income Tax Act of 1961 contains the provision for authorising depreciation. Depreciation is a deduction allowed by the Income Tax Act for the reduction in the real worth of a physical or intangible asset used by a taxpayer.
To know more about depreciation follow the link:
brainly.com/question/1203926
#SPJ4
It's used by almost everyone
Because Demand is up and supply is down companies are going to start demanding a higher price for their product since there are less on the market
Answer:
a
Explanation:
because they went with someone less qualified
