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Hjratliff Hjratliff
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6 years ago
The life of a dishwasher is 6 years. The original cost of the dishwasher was 4,000 and the salvage value was 1,000. What is the first-year depreciation?

Q. 2

Jed bought a truck at the beginning of the year for 18,750. The truck has an estimated life of 6 years and a salvage value of 4,500 at the end of the 6-year period. What is the depreciation using the straight-line method?

Q. 3

The original cost of a jet ski was 12,000 with an estimated life of 4 years. What is the second-year accumulated depreciation?

Q. 4

Tammy purchased an office building for a company that originally cost 200,000 and has a salvage value of 20,000? What depreciation class is used? Use the MACRS method.
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shicarshicar
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6 years ago
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Hjratliff Author
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#2
6 years ago
These are correct! Thank you very much!!!
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