Buckley company is considering an investment of 760000 in

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Reference no: EM13595022

Buckley Company is considering an investment of $760,000 in heavy equipment which will enable the company to be more competitive in the construction industry. The useful service life of the equipment is estimated to be 10 years, with $60,000 salvage value. Straight-line depreciation is used. The company estimates that net income will increase by $82,000 per year as a result of the company's ability to handle a wider range of projects with the new equipment.

Reference no: EM13595022

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