How much of a gain or recaptured depreciation is there

Assignment Help Microeconomics

Reference no: EM132167161

Question: A conveyor was purchased for $40,000. Shipping and installation costs were $15,000. It was expected to last 6 years, when it would be sold for $5000 after paying $3000 for dismantling. Instead, it lasted 9 years, and several workers were permitted to take it apart on their own time for reassembly at a private technical school. How much of a gain, loss, or recaptured depreciation is there? Assume:

(a) 7-year MACRS.

(b) Straight-line.

(d) SOYD.

Reference no: EM132167161

Questions Cloud

Determine the pw of the depreciation schedule : A small delivery van can be purchased for $14,000. At the end of its useful life (8 years), the van can be sold for $2000. Using the methods listed below.

A program that concatenates two linked list objects : Write a program that concatenates two linked list objects of characters.

Determine the units-of-production depreciation schedule : During the construction of a highway bypass, earthmoving equipment costing $40,000 was purchased for use in transporting fill from the borrow pit.

What is the probability that the sample proportion : If a sample of size 262 is selected, what is the probability that the sample proportion will differ from the population proportion by less than 5%?

How much of a gain or recaptured depreciation is there : A conveyor was purchased for $40,000. Shipping and installation costs were $15,000. It was expected to last 6 years, when it would be sold for $5000.

Write an app that allows users to process orders for fuzzy : Provide CheckBoxes for selecting the fuzzy-dice color and TextBoxes for inputting the quantities of fuzzy dice to order.

Write a split tester : Using C# Write a Split tester. It will be a windows application with 3 text boxes. I

Chi-square test of independence : In a chi-square test of independence, the degrees of freedom for a table with 6 rows and 5 columns will be?

Write a program that asks the user for a file name : Write a program that asks the user for a file name and a string to search for. The program should search the file for every occurrence of a specified string.

User Account

All Pages