East Park Corporation purchased a new playground set for 35,500. ...

[student77]

East Park Corporation purchased a new playground set for 35,500. Freight and installation charges amounted to 3,100. For depreciation purposes, the playground set is expected to have a useful life of 27,000 hours and an estimated salvage value of 4,100. What is the depreciation per unit? (Round to the nearest cent)

Question 2

Ace Formalwear buys tuxedos from a supplier and has an invoice amount of 27,700. The terms of the sale are 3/20, n/30. If Ace sends a partial payment of 7,400 on the discount date, what is the net amount still due?

[meow1234]

Answer to Question 1

1.28 per hour

Answer to Question 2

20,071.13

[student77]

TYSM

[Jossy]

YES! Correct, THANKS for helping me on my review