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a workcenter system purchased at a cost of $65,000 in 2015 has a scrap value of $13,000 at the end of 4 years. assume that the straight-line method of depreciation is used.

User TheDarse
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Final answer:

The straight-line method of depreciation for a workcenter system with an initial cost of $65,000 and a scrap value of $13,000 over 4 years, results in an annual depreciation of $13,000.

Step-by-step explanation:

The subject of this question is Business and the topic is depreciation. The question asks about a workcenter system purchased at a cost of $65,000 in 2015 with a scrap value of $13,000 at the end of 4 years, assuming straight-line depreciation. Straight-line depreciation is a method where the asset's cost is evenly spread over its useful life to determine depreciation expense.

To calculate the annual depreciation expense, you can subtract the scrap value from the initial cost and divide it by the useful life of the system. In this case, the useful life is 4 years. So, the annual depreciation expense would be: ($65,000 - $13,000) / 4 = $13,000. Therefore, the annual depreciation expense for the workcenter system is $13,000.

User Willian Arana
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