A machine costs RO 40,000 with a salvage value of RO 20,000. The expected life of the machine is 38000 hours in six years. In the first year, the machine is used for 4000 hours. In the second year, 6000 hours and 8000 hours on the third year. What is the depreciation at the end of the second year by using units of production method? a. RO 5120 b. RO 3120 c. RO 2080 d. RO 4160

KM Builders Co purchases a new excavator costing £50,000. Its expected useful life is ten years, at which point it is anticipated that the excavator will have a residual value of £18,000. If the straight-line method of depreciation is used, what is the carrying amount of the excavator at the end of 4 years? O A. £32,000 O B. £48,000 OC. £50,000 OD. £37,200

An automated assembly robot that cost $300,000 has a recovery period of five years with an expected $50,000 salvage value. If the MACRS depreciation rates for years 1, 2, and 3 are 20.0%, 32.0%, and 19.2%, respectively, what is the depreciation recapture, capital gain, or capital loss, provided the robot was sold after 3 years for $80,000?

3. The construction crane is badly needed by Cruz Esguerra construction for a certain project so as to shorten the time of completion of the project. The equipment cost of P1.2 M and has a life of 5 years with a salvage value of P 200, 000 at the end of its life. The machine can be bought with money borrowed at an interest rate of 20% per annum. Annual cost is P 10, 000. Determine the capitalized cost of the equipment. Draw the cashflow diagram.

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The initial cost of paint sand mill, including its installation is, P800 000.00. The BIR approved life of this machine is 10 years for depreciation. The estimated salvage value of the mill is P 50,000.00 and the cost of dismantling is estimated to be P 15,000.00. Using straight line depreciation, what is the annual depreciation charge and what is the book value of the machine at the end of six years?

An asset cost $200,000.  It has a salvage value of $40,000.  It has a 10 year life.  What is its depreciation expense if the company uses straight-line depreciation? Group of answer choices $200,000 $160,000 $20,000 $16,000

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A copying machine costs P 40,000, has a life of 4 years with a salvage value of P 5,000.  The following are the production output of this machine in number of copies: For the first year, 1800 copies, second year, 2200 copies, third year, 3000 copies, and fourth year, 4000 copies.  What is the depreciation charge in the second year?

A solar panel unit has been purchased by a company for electricity back up. The solar unit costs P70,000 alone. Additional payment of P5,000 pesos has been made for shipment and P3,000 for installation. a. if the unit has an expected life of 12 years, what is annual depreciation cost by the straight-line (SL) depreciation method. The salvage value was estimated at P5000 at the end of unit’s life. b. Using sinking fund method, determine the annual depreciation cost. It is assumed that the annual charge for depreciation was deposited in a fund with a 6% compounded monthly.