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A high-precision programmable router for shaping furniture components is purchased by Henredon for $205,000. It is expected to last 12 years and have a salvage value of $5,000. Calculate the depreciation deduction and book value for each year.

Respuesta :

Answer:

Depreciation will be equal to $16666.666

Explanation:

We have given that Henredon purchased for $205000

Total time is given t = 12 years

Salvage value = $5000

We have to find the depreciation

We know that depreciation is given by

Depreciation [tex]=\frac{cost-salvage\ value}{time}=\frac{$205000-$5000}{12}=$16666.666[/tex]

Thus the depreciation will be equal to $16666.666

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