Savageman6447 Savageman6447

05-07-2018
Business

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On january 1, a machine with a useful life of 4 years and a salvage value of $18000 was purchased for $213000. what is the depreciation expense for year 2 under straight-line depreciation?

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06-07-2018

Cost -salvage value
________________
Useful life

213000-18000=195000
____________ ______
4. 4
48750 is yearly.. Therefore u multiply this amount by 2 (years )
=97500

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