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Home > categories > Machinery & Equipment > Other Construction Machinery > Machinery bought for $40 000 has an expected value of $5000 after 10 years. Assuming straightline depreciation?

Question:

Machinery bought for $40 000 has an expected value of $5000 after 10 years. Assuming straightline depreciation?

find the yearly depreciation of the machinery

Answer:

(40000-5000)/10= $3500

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