depreciation
Question
Assume an asset with an original cost of $40,000, and a $6,000 salvage value, depreciated using straight-line
depreciation over 5 years remaining. After 2 years, the salvage value was modified to a $2,000 salvage value with 5 years of depreciation remaining. What is the new yearly depreciation?
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
