Posted by **kate** on Friday, August 3, 2012 at 12:31pm.

The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,500 have a useful life of four years. Find the depreciation expense for the first year using the 150% declining balance method.

## Answer This Question

## Related Questions

- Math - The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,...
- Math - The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,...
- Business Math - The Tao Inc. purchased an asset for $170,000 with a salvage ...
- Math - Can someone please help me out with these? What is the rate of inflation ...
- accounting - 1-On May 1, 2012, Pinkley Company sells office furniture for $150,...
- Math - An asset is purchased for $50,000. It has an estimated useful life of ...
- Math - P Inc.purchased a $30,000 asset with a salvage value of$1,200 and an ...
- math - Parker Inc. purchased a $30,000 asset with a salvage value of $1,200 and ...
- financial accounting - eckman company purchased equipment for $80,000 on ...
- accounting - A light truck is purchased on January 1 at a cost of $27,000. It is...

More Related Questions