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A piece of equipment is purchased for $18,000 & has a salvage value of $2,000. The estimated life is 10 years & the method of depreciation is straight-line. Shipping costs total $620 & installation costs
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A piece of equipment is purchased for $18,000 & has a salvage value of $2,000. The estimated life is 10 years & the method of depreciation is straight-line. Shipping costs total $620 & installation costs are $590. The total cost of the equipment is?

User Planky
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1 Answer

8 votes

Answer:

The total value would be 17,210.

User Bjmc
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