# A piece of equipment has a useful life of 7 years with a salvage value of \$5000. Knowing that the…

A piece of equipment has a useful life of 7
years with a salvage value of \$5000. Knowing that the depreciation allowance
for year 3 is \$6023.70, use the sinking fund method of depreciation to find the
depreciation allowance for year 6 assuming a yield rate of 6%(1).

1. Find the original cost of the equipment
in Exercise 22 rounded to the nearest dollar.

2. Find the depreciation allowance for year
6 in Exercise 22 if the sum of the years digits method of depreciation is
used.

3. If a depreciating asset has a \$5500
salvage value after k years and the sum of the years digits

A piece of equipment has a useful life of 7
years with a salvage value of \$5000. Knowing that the depreciation allowance
for year 3 is \$6023.70, use the sinking fund method of depreciation to find the
depreciation allowance for year 6 assuming a yield rate of 6%(1).

1. Find the original cost of the equipment
in Exercise 22 rounded to the nearest dollar.

2. Find the depreciation allowance for year
6 in Exercise 22 if the sum of the years digits method of depreciation is
used.

3. If a depreciating asset has a \$5500
salvage value after k years and the sum of the years digits depreciation
allowance in the 8th year is \$300, what is the expected life k of the asset?

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.