Calculate the depreciation expense for an asset with the following details: Initial Cost: $50,000 Salvage Value: $5,000 Useful Life: 5 years

A machine was purchased for 100,000 and has a salvage value of 20,000 what is the total depreciation on the 7th year if the economic life is 10 years? Assume i = 8% Use sinking fund method

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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An asset has the estimated salvage values for various lives, shown in the table below. For each possible life from 1 to 6 by 1, determine the capital recovery cost for MARR of 8%/year. EOY 0 1 2 3 4 5 6 NCF -$150,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 Estimated SV $150,000 $130,000 $110,000 $100,000 $90,000 $85,000 $82,000                 Capital recovery cost with 1-year life   $           Capital recovery cost with 2 years life   $           Capital recovery cost with 3 years life   $           Capital recovery cost with 4 years life   $           Capital recovery cost with 5 years life   $           Capital recovery cost with 6 years life   $           Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is ±50.