[Answered] The original cost of a dirt bike was 9,000 with an estimated life of 10 years. What is the ...

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Author Question: The original cost of a dirt bike was 9,000 with an estimated life of 10 years. What is the ... (Read 121 times)

segrsyd

Hero Member
Posts: 530

on: Jun 24, 2018

The original cost of a dirt bike was 9,000 with an estimated life of 10 years. What is the end-of-year book value?

Question 2

The life of a toaster oven is 8 years. The original cost of the toaster oven was 200 and the salvage value was 75. What is the third-year depreciation?

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pallen55

Sr. Member
Posts: 331

Reply #1 on: Jun 24, 2018

Answer to Question 1

7,200;

Answer to Question 2

29.17;

segrsyd

Hero Member
Posts: 530

Reply #2 on: Jun 24, 2018

Thank you

pallen55

Sr. Member
Posts: 331

Reply #3 on: Jun 24, 2018

Happy to help you

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