Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. blue spruce corp. purchased a piece of equipment f

Blue Spruce Corp. purchased a piece of equipment for $32,000, It estimated a 8 -year...

60.1K

Verified Solution

Question

Accounting

image
Blue Spruce Corp. purchased a piece of equipment for $32,000, It estimated a 8 -year life and $1,280 salvage value. At the end of year 4 (before the depreciation adjustment), it estimated the new totall tife to be 10 years and the new salvage value to be $2,560. Compute the revised depreciation. Company uses straight-line depreciation method. (Round answer to 0 decimol places, eg. 125.) Revised depreciation

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

LS Window Help et in circular motion is modeled by the given parametric equations Describe...

Basic Math
Q

How should companies respond to government request to break their own security systems. Apple has had...

Finance
Q

In how many ways you can triangulate a simple polygon with n vertices. Give both qualitative...

Advance Math
Q

An ideal diesel engine has a compression ratio of 20 and uses air as the working...

Mechanical Engineering
Q

Explain the Fisher Quantity Theory of Money

Economics
Q

Find the median, the lower half and the upper half of the history 108 test scores 10,16,14,22,21,13,15,14,10,18,19,8,16,12,18,11,9,10,15,10,21,14,18,19,1819,3,25,18,13,1,16,9,14,821,13,14,18,16,5,11,17,14,12,16,18,16,18,17,10,12,19,9,3,15,17

Basic Math
Q

Half life for a radioactive sample is 20 min Find the time interval in between...

Physics
Q

s Show 12 35 using an area region model

Geometry
Q

Sketch the graph the function y = csc(22) over the interval [0, ?). Label the...

Basic Math
Q

In an effort to cut costs and improve profits any US companies have been turning...

Statistics
Q

Teal Mountain Express reports the following costs...

Accounting
Q

A machine can be purchased for $180,000 and used for five years, yielding the following...

Accounting