Dill enterprises pays 243200 for equipment that will last

Reference no: EM13589128

Dill Enterprises pays $243,200 for equipment that will last five years and have a $54,286 salvage value. By using the equipment in its operations for five years, the company expects to earn $76,500 annually, after deducting all expenses except depreciation. Assuming straight-line depreciation, prepare a table showing income

a) before depreciation

b) depreciation expense

c) net (pretax) income for each year and for the total five-year period

Reference no: EM13589128

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