Calculate total depreciation expense for the year

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Problem 1: Using the Base Case, calculate total depreciation expense for the year 2023E. Assume that depreciation expense on assets pre-2020E is $15,000 per year. Depreciation on capital expenditures made from 2020E-2024E assumes a 4-year useful life and a salvage value equal to 10% of the original cost.

$20,000
$30,000
$19,500
$33,000

Problem 2: Explain what will come under Income statement, cash flow statement and balance as well as asset continutiy schedule from 2020E to 2024E

Reference no: EM132939293

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