Posted by **MAry** on Monday, September 3, 2012 at 9:10am.

If a building cost $600,000, has an estimated residual value of $240,000, has an estimated life of 36 years, and is depreciated by the straight-line method: a) What is the annual depreciation? b) what is the book value at the end of the 20th year?

## Answer this Question

## Related Questions

- accounting - Computer equipment was acquired at the beginning of the year at a ...
- accounting - How do i calculate this problem. An asset was purchased for $150,...
- programming - 3. Your company needs to depreciate its assets. The accountant ...
- Straight-line Depreciation - Please how do i calculate this problem. An asset ...
- Financial Accounting - Prepare the general journal entries for the following ...
- Intermediate Accounting - On January 1, 2005, Lynn Corporation acquired ...
- math - using problem 17-21 calculate the first 2 years depreciation assuming the...
- math - using problem 17-21 calculate the first 2 years depreciation assuming the...
- Business Math - From the following facts, complete a depreciation schedule using...
- Math - A truck costing $25,000 with a residual value of $5,000 was purchased by ...

More Related Questions