Homework Answers
| Book Value on July 1, Year 3 | $ 64,800 |
| Less:Salvage value | $ 6,400 |
| Depreciable value of asset | $ 58,400 |
| Remaining useful life | 6 Years |
| Depreciation of asset for 6 months of Year 3 | $ 4,866.67 |
| ($58,400 / 6 years)*6/12 | |
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Saved saves The following information is available on a depreciable asset owned by Mutual Savings Bank...
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