Based on the cost of the furniture, the following are true:
- a. $10,400.
- b. $93,600
- c. $20,800
<h3>Depreciation in second year</h3>
Depreciation per year = (Cost of furniture - Salvage value) / Useful life
Cost will include both the purchase price and the charge for insurance and shipping.
= (100,000 + 12,000 - 8,000) / 10
= $10,400
<h3>BV at end of first year</h3>
= Cost - Depreciation
= 104,000 - 10,400
= $93,600
<h3>BV after 8 years </h3>
= Cost - (Depreciation x 8 years )
= 104,000 - (10,400 x 8)
= $20,800
In conclusion, depreciation is $10,400 per year.
Find out more about SL depreciation at brainly.com/question/13734742.
Answer:
Which sentence highlights the best way of site planning?
A group of construction planners are in a discussion over the most suitable plot to construct new buildings. Steven suggests that they should choose the barren stretch of land in the city and construct cluster buildings. James points out that the wetlands will provide them more area for construction. Riley advises that they should not worry about keeping large open spaces while planning building construction.
Explanation:
Answer:
<u>Option 1</u>
Explanation:
As the team has already submitted the plans for the part drawing, the best way to proceed would be how it was given in the plans. Hence, the option to be selected :
- <u>Team member 1 suggests an orthographic top view because that is how the plans for the part were submitted.</u>
