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FAQ
- Machinery was purchased for $51,000 on January 1, 2009. Freight charges amounted to $2,100 and there was a cost of $6,000 for building a foundation and installing the machinery. It is estimated that the machinery will have a $9,000 salvage value at the end of its 5-year useful life. What is the amount of accumulated depreciation at December 31, 2010, if the straight-line method of depreciation is used? $10,020. $8,580. $17,160. $20,040.
- $20,040: (51,000+2,100+6,000-9,000) / 5 = 10,020 per year 2009 - 10,020 2010 - 10,020 Total = $20,040
- Retired a piece of machinery that?
- January 1 2004
- what is the quality of a central machinery 39743?
- MINI MULTIPURPOSE MACHINE , I'd guess you'll get what you pay for, i.e.. not much. I'd imaging that within it's limited capacity is might be an adequate (depending on ones requirements) lathe, but milling capacity will be quite limited.