
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 42
An asset with a first cost of $50,000 and an estimated salvage value of $10,000 is depreciated by the MACRS method. If its book value at the end of year 3 is $21,850 and its market value is $25,850, the total amount of depreciation charged against the asset up to this time is closest to:
A) $18,850
B) $21,850
C) $25,850
D) $28,150
A) $18,850
B) $21,850
C) $25,850
D) $28,150
Explanation
The table of depreciations rat...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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