Homework Answers
Annual depreciation=(Cost-Salvage value)/Useful Life
=(175,000-25,000)/300,000=$0.5/mile
Hence depreciation for 2nd year=0.5*22,000
=$11,000
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expected the truck to last four years or 102,000 miles, with an
estimated residual value of $15,000 at the end of that time. During
the second year the truck was driven 47,000 miles. Compute the
depreciation for the second year under each of the methods below
and place your answers in the blanks provided.
Units-of-activity
$enter the depreciation for the second year under the
Units-of-activity method in dollars
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am getting ready for the final this week.Can you please answer all
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someone please help me with this revision outline. ao i can
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