Homework Answers
| Carrying value = 412000*10yr/20yr = 206000 | |||||
| Remaining life = 15 i.e. 10+5 | |||||
| Depreciable cost = 206000+55000 = 261000 | |||||
| Depreciation expenses = Depreciable cost/ remaining life | |||||
| Depreciation exp = 261000/15 = 17400 | |||||
| Option $ 17400 is CORRECT |
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