A machine was purchased for $50,000 as on 1st July 2016, depreciation was charged @10% per year (straight line method). Book value of the machine at the end of financial year 2020 will be: Select one:

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Please find the depreciation expenses thanku

Depreciation and Rate of Return Burrell Company purchased a machine for $31,000 on January 2, 2019. The machine has an estimated service life of 5 years and a zero estimated residual value. The asset earns income before depreciation and income taxes of $15,500 each year. The tax rate is 20%. Required: Compute the rate of return earned (on the average net asset value) by the company each year of the asset's life under the straight-line and the double-declining-balance depreciation methods. Assume that the machine is the company's only asset. Straight-line method. If required, round to one decimal place. 2019 26.7 % 2020 34.3 % 2021 48 % 2022 80 % 2023 240 % Double-declining-balance depreciation method. Round to two decimal places. Round your intermediate dollar value calculations to the nearest whole number. 2019 10 % 2020 43.33 % 2021 98.89 % 2022 191.49 % 2023 350 X %

Depreciation and Rate of Return Burrell Company purchased a machine for $20,000 on January 2, 2019. The machine has an estimated service life of 5 years and a zero estimated residual value. The asset earns income before depreciation and income taxes of $10,000 each year. The tax rate is 21%. Required: Compute the rate of return earned (on the average net asset value) by the company each year of the asset's life under the straight-line and the double-declining-balance depreciation methods. Assume that the machine is the company's only asset.   Straight-line method. If required, round to one decimal place. 2019 fill in the blank 1 % 2020 fill in the blank 2 % 2021 fill in the blank 3 % 2022 fill in the blank 4 % 2023 fill in the blank 5 % Double-declining-balance depreciation method. Round to two decimal places. Round your intermediate dollar value calculations to the nearest whole number. 2019 fill in the blank 6 % 2020 fill in the blank 7 % 2021 fill in the blank 8…

*attached is the problem REQUIRED: choose the letter  What is the interest expense for 2020?  a. 200,000b. 115,200c. 106,720d. 0 What is the depreciation for 2020? a. 135,200b. 115,200c. 67,600d. 20,000

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Calculate the depreciation expense with these methods 1- straight line method 2019 2- double declining method 2020 3- Sum of the years digits for 2020 A house cost $800,000 on April 1,2019 the salvage value is $80,000 and its expected life is 8 years.