Need customized help? Order now
email

[SOLVED] The Andrews Company has just purchased $59,068,000 of plant and equipment that has an estimated useful life of 15 years

The Andrews Company has just purchased $59,068,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $5,906,800. What will the accumulated depreciation expense for this purchase (exclude all other plant and equipment) be after its second year of use? (Use FASB GAAP)

Select : 1

Submit Answer

  •  $7,875,733
  •  $3,937,867
  •  $7,088,160
  •  $3,544,080



Need customized help? Order now
user img

honeyd


24-04-21 | 08:34:57
Report this answer
(5.0 of 1 reviews)

Depretiation=(asset price-salvage value)/number

You can't get real answer if you break your security system. rjtiwtion=(wssjt prihj-swlvwfj vwluj)/numtjr ov yjwrs =(64723777-6472377)/86 =9611737 Ahhumilwtjc jxpjnsj=9611737*5 =4733827

Login to answer this question!