The installation cost of a machine is $8000 with estimated life of 10 years and selvage value of $1000 at the end of the tenth year. What will be the annual depreciation cost in the fourth year (using straight line method) * 800 O 100 O 700 None of the options is correct

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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The installation cost of a machine is
$8000 with estimated life of 10 years
and selvage value of $1000 at the
end of the tenth year. What will be
the annual depreciation cost in the
fourth year (using straight line
method) *
800
O 100
O 700
None of the options is correct
Transcribed Image Text:The installation cost of a machine is $8000 with estimated life of 10 years and selvage value of $1000 at the end of the tenth year. What will be the annual depreciation cost in the fourth year (using straight line method) * 800 O 100 O 700 None of the options is correct
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