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Compute what is the book value at the end of the useful life

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Reference no: EM132611786

Question 1: Calculate Annual depreciation.

Question 2: Prepare the entry to Annual depreciation.

Question 3: Prepare an annual depreciation (table), include all information to the 5 years, It consists of 6 columns with the date column, and explain how you get the salvage value at the end of the table.

Question 4: Calculate depreciation rate.

Question 5: What is the book value at the end of the useful life.

Machine purchased for 80.000 with salvage value (residual value or selling value) at the end of economic useful life is 5,000. The economic useful life is 5 years and 50,000 machine hour.

Reference no: EM132611786

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