1. Gamma Cruise, Inc. purchased a new tender (a small motorboat) for $35,000. Its salvage value is $7500 after its useful life of 5 years. Determine the depreciation schedule and book value over the recovery period using straight-line depreciation.

1. A company purchased equipment for $20,000 on January 1, 2015. The estimated useful life is 5 years and the residual at the end of the 5 years is $2,000. The company uses the declining balance depreciation method. What will be the carrying value (book value) at December 31, 2017? 2. Ali purchased a machine on 1/1/14 for $200,000, estimated salvage value of $20,000, and estimated service life of 6 years. If the depreciation expense for 2015 was $42,857, calculate the depreciation amount?

dont use pen paper

Sean purchased an appliance that costs $8,850, has a life of 10 years and a salvage value of $500.Using straight line method:a.) Determine the book value at the end of the fourth year.b.) Determine the total depreciation at third year.c.) Find the depreciation at the 5th year

AN EQUIPMENT WAS PURCHASED FOR P500,000.00. END OF LIFE COST AFTER 25 YEARS IS P100,000.00. FIND THE CUMULATIVE DEPRECIATION FOR THE FIRST 3 YEARS USING STRAIGHT LINE METHOD.

Desk purchased July 12 for $2,000; 8-year useful life; $600 salvage value.  Calculate MACRS depreciation for year 2.

Doja Products placed a new machine into production 3 years ago. It had an installed cost of $100,000, a life of 5 years, and an anticipated salvage of $20,000. Book depreciation charges for the 3 years are $40,000, $24,000, and $14,000, respectively. Determine the book value after 3 years and the yearly depreciation rate.

Engineering Economics problem. Help me for the solution

An equipment costs #3839918 with the estimated salvage value of #541958 at the end of 7 years. What is the annual depreciation cost by sinking fund method at 2.3% interest? Round your answer to 2 decimal places.

A truck used for transporting unobtainium has a net cost of $30,000, useful life of 7 years, and no salvage. Complete the following depreciation table using UOP depreciation.