Machinery was purchased for $85,000. Freight charges amounted to $3,500 and there was a cost of $10,000 for building a foundation and installing the machinery. It is estimated that the machinery will have a $15,000 salvage value at the end of its 5-year useful life. Depreciation expense each year using the straight-line method will be

A room data card typically includes all of the following components except:

a. a detailed outlive of the process to follow for requisitioning any new room furniture, fixtures, or equipment b. space for scheduling and verifying the preventive maintenance dates for the room c. information about the major HVAC and electrical services in a room d. Some equipment warranty information

Privity of contract between the plaintiff and the defendant is not required in a strict liability suit

Indicate whether the statement is true or false