A rural cooperative purchased a trencher at a cost of Php. 230, 500.00. It is estimated that the trencher will have a salvage value of Php. 25, 000.00 after digging 300 000 meters of irrigation canals. Determine the book value of the trencher after two years, if it was used to dig 50,000 meters on the first year and 75,000 meters on the second year?
A rural cooperative purchased a trencher at a cost of Php. 230, 500.00. It is estimated that the trencher will have a salvage value of Php. 25, 000.00 after digging 300 000 meters of irrigation canals. Determine the book value of the trencher after two years, if it was used to dig 50,000 meters on the first year and 75,000 meters on the second year?
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 6RQ
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