Question

A steam boiler has a first cost of $50,000 with a $5000 salvage value and a...

A steam boiler has a first cost of $50,000 with a $5000 salvage value and a 10-year depreciation life to determine the boiler's book value at the end of Year 8. Depreciation rate is 20%

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Answer #1

Answer:-

Book value at the end of year 8 is $8389 As i calculated in Table.

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