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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
After 4 years, a machine had an accumulated depreciation of $38,000. Originally, the machine had an anticipated life of 8 years and a salvage value of $5,000. If the current book value after 4 years is $43,000 and the machine has only 2 years of useable life left, how much will be depreciated in Year 5 and in Year 6 using the straight-line method of depreciation, and assuming the salvage value is still $5,000?
A) $21,500 each year
B) $9,500 each year
C) $19,000 each year
D) $10,125 each year
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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tivo Author
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#2
7 years ago
Thank you for helping me with my accounting homework, will ask again
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