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2 answers:
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Answer:
$4,750
Step-by-step explanation:
Given:
Cost of the equipment = $18,000
Freight charges = $500
Installation cost = $2,500
Estimated salvage value = $2,000
Estimated useful life = 4 years
Now,
The total cost involved with equipment = $18,000 + $500 + $2,500
= $21,000
The Annual depreciation using the straight-line method is given as:
=
on substituting the respective values, we get
Annual depreciation =
or
Annual depreciation = $4,750
Answer:
The answer is
Step-by-step explanation:
The slope of a line given two points can be found by using the formula
From the question we have
We have the final answer as
Hope this helps you