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1 answer:
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Answer:
option (a) $6,240
Step-by-step explanation:
Given:
Purchasing cost of the equipment = $82,000
Estimated life = 5 years
Salvage value = $4,000
Revised expected life = 8 years
Now,
Depreciation per year =
therefore,
The accumulated Depreciation at the beginning of year 4
= Annual depreciation × years passed
= 15,600 × 3
= $46,800
Thus,
The book value at the beginning of year 4
= Purchasing cost - Depreciation
= $82,000 - $46,800
= $35,200
Now,
The remaining life = Revised estimated life - Years passed
= 8 - 3
= 5 years
therefore,
Depreciation expense =
=
= $6,240
Hence,
The correct answer is option (a) $6,240
Answer:
c)
Step-by-step explanation:
−2 = −⅔[5] + b
−3⅓
1⅓ = b
y = −⅔x + 1⅓
Then convert to Standard Form:
y = −⅔x + 1⅓
+⅔x + ⅔x
__________
⅔x + y = 1⅓ [We do not want fractions in our Standard Equation, so multiply by the denominator to get rid of it.]
3[⅔x + y = 1⅓]
* 1⅓ = 4⁄3
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