Malvern Contractors purchased a new bull-dozer for $85,000. Shipping charges were $1,500 and other costs associated with the bull-dozer amounted to $925. The bull-dozer is expected to last 5 years and has a residual value of $10,000. Malvern elects to use the straight-line method of depreciation. a. What is the amount of total depreciation? b. What is the amount of the annual depreciation?

a. $77,425
b. $15,485

Business

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Buyer makes a written bonafide offer to purchase, and seller signs the acceptance. A contract is first created:

a. when buyer receives proper communication of seller's acceptance b. immediately upon seller's acceptance c. when the buyer and seller sign escrow instructions d. when the broker presents the offer to the seller

Business

________ marketing is about making sure the brand and its marketing are as personally relevant as possible to as many customers as possible–a challenge, given that no two customers are identical

A) Personalizing B) Permission C) Identification D) Database E) Integrated

Business