The salvage value of the dozer at the end of year 1 is $163,000
The salvage value of the dozer at the end of year 2 is $146,000
The salvage value of the dozer at the end of year 3 is $129,000
The salvage value of the dozer at the end of year 4 is $112,000
The salvage value of the dozer at the end of year 5 is 95,000
The salvage value of the dozer at the end of year 6 is 78,000
The salvage value of the dozer at the end of year 7 is 61,000
The salvage value of the dozer at the end of year 8 is $44,000
The salvage value of the dozer at the end of year 9 is $27,000.
<h3>What is the book value of the dozer?</h3>
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
(180,000 - $27,000) / 9 = $17,000
Book value = cost of the asset - depreciation expense
- Year 1 = $180,000 - $17,000 = $163,000
- Year 2 = $163,000 - $17,000 = $146,000
- Year 3 = $146,000 - $17,000 = $129,000
- Year 4 = $129,000 - $17,000 = $112,000
- Year 5 = $112,000 - $17,000 = 95,000
- Year 6 = 95,000 - $17,000 = $78,000
- Year 7 = $78,000 - $17,000 = $61,000
- Year 8 = $61,000 - $17,000 = $44,000
- Year 9 = $44,000- $17,000 = $27,000
To learn more about straight line depreciation, please check: brainly.com/question/6982430
