Respuesta :
Answer:
option (a) $6,240
Step-by-step explanation:
Given:
Purchasing cost of the equipment = $82,000
Estimated life = 5 years
Salvage value = $4,000
Revised expected life = 8 years
Now,
Depreciation per year = [tex]\frac{\textup{82,000-4,000}}{\textup{5}}[/tex]
therefore,
The accumulated Depreciation at the beginning of year 4
= Annual depreciation × years passed
= 15,600 × 3
= $46,800
Thus,
The book value at the beginning of year 4
= Purchasing cost - Depreciation
= $82,000 - $46,800
= $35,200
Now,
The remaining life = Revised estimated life - Years passed
= 8 - 3
= 5 years
therefore,
Depreciation expense =[tex]\frac{\textup{book value at the beginning of year 4 - salvage value}}{\textup{Revised estimated life}}[/tex]
= [tex]\frac{\textup{35,200 - 4000}}{\textup{5}}[/tex]
= $6,240
Hence,
The correct answer is option (a) $6,240
