This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The original cost of a jet ski was 12,000 with an estimated life of 4 years. What is the second-year ... (Read 136 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
on: Jun 24, 2018
The original cost of a jet ski was 12,000 with an estimated life of 4 years. What is the second-year accumulated depreciation?

Question 2

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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

9,000;

Answer to Question 2

31.5;


Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Jun 24, 2018
Wow, this really help

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

The Last 10,000 Years of Greenhouse Gas Concentrations The Last 10,000 Years of Greenhouse Gas Concentrations
Jan de Heem, Still Life with Lobster. Jan de Heem, Still Life with Lobster.
The Life Cycle of a Midlatitude Cyclone: Cyclogenesis The Life Cycle of a Midlatitude Cyclone: Cyclogenesis
Prevalence of good health in Canadians aged 65 years and older Prevalence of good health in Canadians aged 65 years and older
A pedigree for albinism collected in the early years of the twentieth century by Charles Davenport, A pedigree for albinism collected in the early years of the twentieth century by Charles Davenport,
Life cycle of a T-even bacteriophage, as known in 1952 Life cycle of a T-even bacteriophage, as known in 1952
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library