Your answer would be 42.5.
Divide 106.25 by 5 (which is 21.25) then multiply 21.25 by 2.
Answer:
3216.9
Step-by-step explanation:
Answer: 4y
Step-by-step explanation:
Distribute the negative sign to get rid of the parentheses
y+3y = 4y
Straight line depreciation applies the same amount of depreciation in each year.
Our Depreciation Base is 21,000 - 1,000 = 20,000
The useful life is 5 years, so each year we depreciate 20,000 ÷ 5 = 4,000
Book Value is Cost - Accumulated Depreciation
After Year 1:
Book Value = 21,000 - 4,000 = 17,000
Answer is A) 17,000