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zhenek [66]
3 years ago
12

Monty Corp. bought equipment on January 1, 2022. The equipment cost $360000 and had an expected salvage value of $65000. The lif

e of the equipment was estimated to be 4 years. The depreciable cost of the equipment is
$360000.


$73750.


$65000.


$295000.
Business
1 answer:
Jet001 [13]3 years ago
5 0

Answer:

$295000.

Explanation:

Depreciable cost is the asset costs minus salvage value.

For Monty Corp:

asset cost = $360000,

salvage value =  $65000

Depreciable  cost will be

=$360,000 - $65,000

=$295,000

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