Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. liohkaya corp. purchased a muluzulu machine for $4

Liohkaya Corp. purchased a muluzulu machine for $45,000 on January 1, 2018. The machine is...

70.2K

Verified Solution

Question

Accounting

Liohkaya Corp. purchased a muluzulu machine for $45,000 on January 1, 2018. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years. Using the sum-of-the years'-digits method, depreciation for 2019 and book value at December 31, 2019, would be:

Group of answer choices

$13,500 and $8,500.

$13,500 and $13,500.

$12,000 and $17,000.

$12,000 and $12,000.

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

next to each statement it is true or false The 1.-An enzyme can only function once,...

Biology
Q

Analyzing Manufacturing Cost Accounts Fire Rock Company manufactures designer paddle boards in a wide variety of sizes...

Accounting
Q

K What is the volume of the square pyramid v cm Round to the nearest...

Geometry
Q

Simplify the expression to a polynomial in standard form 2x 1 x 6x 7

Geometry
Q

9 Sherese Wallace is the owner of Buckley s Sandwich Shop The base rate for...

Basic Math
Q

Suppose heights of seasonal pine saplings have an unknown distribution with mean 265 and standard...

Statistics
Q

Past experience is that when individuals are approached with a request to fill out and...

Statistics
Q

Write the expression cos 0 csc sec 1 as a single term csc 0 cos...

Calculus
Q

Convert the complex number from polar to rectangular form. Give exact solutioins.#18z = 2cis22X

Calculus
Q

Shown are the graphs of f x and g x Estimate to nearest integer gof...

Algebra
Q

Prepare the journat entry to recognize the income tax benefit of the net operating loss....

Accounting
Q

Can i get a refund if i cancelled my subscription during the free trial?

Accounting