A concrete and rock crusher for demolition work has been purchased for $65,000, and it has an estimated SV of $9,000 at the end of its five-year life. Engineers have estimated that the following units of production (in m3 of crushed material) will be contracted over the next five years. Using the units of production depreciation method, what is the depreciation allowance in year two, and what is the BV at the end of year three?
I KNOW HOW TO GET THE FIRST ANSWER, BUT I NEED HELP CALCULATING THE BV.
THANKS
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A concrete and rock crusher for demolition work has been purchased for $65,000, and it has...
A concrete and rock crusher for demolition work has been purchased for $51,000, and it has an estimated SV of $12,000 at the end of its five-year life. Engineers have estimated that the following units of production (in m3 of crushed material) will be contracted over the next five years. Using the units of production depreciation method, what is the depreciation allowance in year two, and what is the BV at the end of year four? (please do both parts...