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business fundamentals class



Question 4 (1 point) Tooling for a robotic arm used in the automotive industry costs $15,000 and has an estimated salvage val
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Answer #1

$ 6,668

Depreciation Schedule:
Year Cost Depreciation rate Depreciation Expense Accumulated Depreciation Expense Ending Book Value
a b c=a*b d e=a-d
1 $       15,000 33.33% $       5,000 $    5,000 $       10,001
2 $       15,000 44.45% $       6,668 $ 11,667 $         3,333
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