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How much would you depreciate per year

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Reference no: EM133102599

Question - If you purchased kitchen equipment for $100,000 which has a residual values of $16,000 and a life of 7 years.

Then

a) How much would you depreciate per year?

b) What would the book value of the kitchen equipment after 4 years?

c) If you sold the equipment after 6 years for $60,000 would you be happy or sad?

Reference no: EM133102599

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