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Author Question: After 4 years, a machine had an accumulated depreciation of $40,000. Originally, the machine had an ... (Read 295 times)

Lisaclaire

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on: Feb 18, 2020
After 4 years, a machine had an accumulated depreciation of $40,000. Originally, the machine had an anticipated life of 8 years and a salvage value of $7,000. If the current book value after 4 years is $45,000 and the machine has only 3 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 $7,000? (Round your final answer to the nearest dollar.)
◦ $12,667 each year
◦ $10,625 each year
◦ $22,500 each year
◦ $9,750 each year
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by Lisaclaire on Feb 18, 2020

essyface1

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Lisaclaire

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Reply 2 on: Feb 18, 2020
Excellent

ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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