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Homework answers / question archive / Olary 1, 2014, wmpah
Olary 1, 2014, wmpah.com 560.000 hl lide at 30 years, und so wir sabie. Dug 2019. wateroidea (10 years in for the you ended December 31, 2014 in the wint method SL600
cost of equipment = $60,000
Salvage value = $0
Useful life = 20 years
Annual depreciation expense = (cost of equipment- Salvage value)/ Useful life
= (60,000-0)/20
= $3,000
Depreciation expense for the year ended December 31, 2014 = Annual depreciation expense
= $3,000
