Homework Answers
Depreciation = (Cost - Salvage value) /Useful life
= (67,500-1,100)/8 = 8300 per year
Book value at the end of 4 years
= 67,500 - (8300*4) = 34,300
New depreciation = (34,300 - 25,100)/6
= 1533
Comment if you face any issues
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