1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
juin [17]
2 years ago
14

2. Fill in the book value at the end of year 1 under each depreciation method when residual value is $36,000 and useful life is

4 years: Depreciation method: Straight-line Units-of-Output
Mathematics
1 answer:
sesenic [268]2 years ago
6 0

Answer:

$260,437.50

$108,750

Step-by-step explanation:

Here is the complete question :

Fill in the book value at the end of year 1 under each depreciation method when residual value is $36,000 and useful life is 4 years: Depreciation method:

Straight-line           $335,250

Units-of-Output

Double-declining $217,500

Book value = cost of the asset - first year depreciation expense

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

(335250 - 36,000) / 2 = $74,812.50

Book value =  $335,250 - $74,812.50 = $260,437.50

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2/4 = 0.5

$217,500 x 0.5 = 108,750

Book value = $217,500 - 108,750 = $108750

You might be interested in
Matthew brought 7 candy bars that cost $1.20 each.He paid with 9 one - dollar bills. How much change did Matthew receive?
aliina [53]
7*$1.20=$8.40
$9-$8.40=.60

answer is $0.60
5 0
3 years ago
Integers that are not whole numbers​
vodka [1.7K]

Answer:

0.3

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Five friends all brought some cakes with them when they met. Each of them gave a cake to each of the others. They then ate all t
Sergeeva-Olga [200]

Answer:

1/2 i hope i helped

Step-by-step explanation:

8 0
2 years ago
I have a pet golden retriever. Each year it gains 11.4 pounds. He is 8 1\2 years old how many pounds does he weigh?
grigory [225]
I think he weighs 461.7 but I would check that
4 0
3 years ago
Which equation describes a function that is NOT linear?
natka813 [3]

Answer:

Step-by-step explanation:

it’s the third one

5 0
2 years ago
Other questions:
  • A mustard seed has a mass of about 0.002. A glass jair contains about 4.3602 x 10 ^ 4 seeds. Which is a reasonable estimate of t
    8·2 answers
  • Is this function linear or nonlinear?<br><br> y=2x^2−4
    6·2 answers
  • (2r^2-2r-40)/(8r+32)​
    11·1 answer
  • 2 people can plough a field in 6 hours.
    14·1 answer
  • Which of the following choices simplified the expression:
    7·2 answers
  • 20,484,163 in expanded form
    6·2 answers
  • Can someone just help me !
    12·2 answers
  • I have no idea what I’m doing
    14·2 answers
  • For the following exercises, use logarithmic differentiation to find dy/dx.
    12·1 answer
  • 5/7 of what is 1/7???
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!