This topic contains a solution. Click here to go to the answer

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 55 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
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
Answer to Question 1

9,000;

Answer to Question 2

31.5;




Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Jun 24, 2018
:D TYSM


Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

For a complete list of videos, visit our video library