Excise, it's an extra tax which makes you pay more
Answer:
For equipment = $430,000
For accumulated depreciation = $104,000
Explanation:
The solution of balances for equipment and accumulated depreciation is shown below:-
balances for equipment and accumulated depreciation
Particulars Equipment Accumulated depreciation
Beginning balance $390,000 $78,000
Add:
Addition $84,000 $32,000
Less:
Disposition ($44,000) ($6,000)
Balance $430,000 $104,000
You must look first for the probability of the 4 prizes
which are $500, $100, $25, and no prize.
P ($500 prize) = 1/100 or 0.01
P ($100 prize) = 2/100 or 0.02
P ($25 prize) = 4/100 or 0.04
P (No prize) = 100/100 – 1+2+4/100 =93/100 .93
Expected gain or loss is computed by: (P(x)* n)
E= (500-10)*.01 + (100-10)*0.02 + (25-10)* 0.04 + (-10)*.93
= 4.90 + 1.80 + 0.6 – 9.3
E = -2
There is a loss of $2.
If I had written your question in English, I could have helped you
