Determine the book value of purchase

Assignment Help Accounting Basics

Reference no: EM13139595

The Digby team has just purchased $39,660,000 of plant and equipment that has an estimated useful life of 15 years. Suppose at the end of 15 years this plant and equipment can be salvaged for $3,966,000 (1/10th of its original cost). What will be the book value of this purchase (excluding all other Plant and Equipment) after its first year of use?

A. $37,016,000

B. $33,314,400

C. $35,694,000

D. $37,280,400

Reference no: EM13139595

Questions Cloud

Does the y chromosome carry any essential genes : Does the Y chromosome carry any essential genes? Does the X chromosome carry any essential genes?

What is dosage compensation : What is dosage compensation? Do all organisms with heteromorphic chromosomes show the same type of dosage compensation?

Violence against women : Provide a succinct history and/or explanations that will help the minister to understand the nature of the issue or its context.

Do the x and y chromosomes have any homology : Do the X and Y chromosomes have any homology? Do they pair during meiosis? Do they exchange genetic material?

Determine the book value of purchase : The Digby team has just purchased $39,660,000 of plant and equipment that has an estimated useful life of 15 years. Suppose at the end of 15 years this plant and equipment can be salvaged for $3,966,000 (1/10th of its original cost). What will b..

Would the cloned kittens look identical to the female : Why does a calico cat have patches of orange and black hair? If a calico cat were cloned, would the cloned kittens look identical to the female whose genetic material was used for the cloning?

Conclusion proportion of women physicians at health system : Is there sufficient evidence at the 0.05 level of significance to conclude that the proportion of women physicians at the university health system exceeds 27.9%?

Significance of megiddo and jezreel valley : What is the significance of Megiddo and the Jezreel Valley in end time prophecy? Provide a brief history, prophetic evidence from the Old Testament and how it relates to Revelation of the New Testament.

Are the daughter cells diploid or haploid : Through meiosis a cell produces how many daughter cells? Are the daughter cells diploid or haploid?

User Account

All Pages