Engineering Economy
Engineering Economy
16th Edition
ISBN: 9780133582819
Author: Sullivan
Publisher: DGTL BNCOM
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Chapter 7, Problem 67FE
To determine

Calculate the depreciation class.

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A dump truck was bought for P $ 30,000 six years ago.  It will have a salvage value of $ 3,000 four years from now.  The owner sold it now for $ 8,000.  If depreciation used is Straight Line Method, find the gain or loss in the selling of the dump truck.
An asset purchased for $50,000 has a depreciable life of 5 years, and it has a terminal book (salvage) value of $5,000 at the end of its depreciable life. With the straight-line method of depreciation, what is the asset’s book value at the end of year 3?
What is the depreciation of equipment purchased at 3 years ago for $64,405 if it is depreciated using the sum of the year's digits (SOYD) method? The expected life is 15. year.

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Engineering Economy

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