The installation cost of a machine is $8000 with estimated life of 10 years and selvage value of $1000 at the end of the tenth year. What will be the annual depreciation cost in the fourth year (using straight line method) *

Solid Waste Engineering
3rd Edition
ISBN:9781305635203
Author:Worrell, William A.
Publisher:Worrell, William A.
Chapter4: Mechanical Processes
Section: Chapter Questions
Problem 4.12P
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Use straight line method

The installation cost of a machine is
$8000 with estimated life of 10 years
and selvage value of $1000 at the
end of the tenth year. What will be
the annual depreciation cost in the
fourth year (using straight line
method)
O 800
O 100
O 700
O None of the options is correct
Transcribed Image Text:The installation cost of a machine is $8000 with estimated life of 10 years and selvage value of $1000 at the end of the tenth year. What will be the annual depreciation cost in the fourth year (using straight line method) O 800 O 100 O 700 O None of the options is correct
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