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Answer:
$25000
Step-by-step explanation:
If the salvage value is 20% of the cost, then 80% of the cost will be depreciated over 10 years. Over the 5 years from Jan 1 20X1 to Dec 31 20X5, the $10,000 accumulated depreciation represents 5/10 of that 80%, or 40% of the initial cost.
$10,000 = 0.40 × cost
$10,000/0.40 = cost = $25,000
The acquisition cost of the equipment was $25,000.
11 is divisible by three three times with a remainder of two so the mixed number would be 3 2/3<span />
To write an equation you need a slop and y intercept. To find the slop use the formula y2-y1 /x2-x1. and for the y intercept use the formula y=mx+b
