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Determine the depreciation base of Marigold’s new machine. Marigold uses straight-line depreciation.
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Determine the depreciation base of Marigold’s new machine. Marigold uses straight-line depreciation.

User Will Croft
by
5.0k points

1 Answer

4 votes

Answer:

$35,464

Step-by-step explanation:

Calculation for the depreciation base of Marigold's new machine

Purchased machine $29,120

Add:Title fees $200

County property tax $130

Shipping charges for delivery $520

Local contractor $5,494

Depreciation base $35,464

Therefore the Depreciation base of Marigold's new machine

will be $35,464

User Steve Mallory
by
5.8k points
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