题目
题目

COMM_V 293 101 102 103 2025W1 2025 W1 COMM 293 FINAL Exam- Dec. 17 8:30 AM - 11:00 AM PST - Requires Respondus LockDown Browser

数值题

JOHNSON LIFTS- Part 1 of 8 Johnson Lifts is another elevator-manufacturing firm based in Lethbridge, Alberta. On January 1, 2020, Johnson Lifts purchased the same gear machine for its own plant from Montanari Giulio. The final acquisition cost for Johnson for the machine is  $144,000. The CEO of Johnson lifts estimates the useful life of the machine to be 12 years and the salvage value to be $21,000. The financial year-end of the company is December 31st. Answer the following based on the above information on Johnson Lifts. The CEO is calculating the machine’s depreciation expenses assuming that the company chooses the straight-line depreciation method.  Do not use symbols like $ or %, or text such as million, in your answers.  Round to two decimal points.  What is the accumulated depreciation using the straight-line depreciation method at the end of 2023, after recognizing depreciation for 2023?  

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思路分析
To begin, we identify the key figures for the asset: initial cost 144000, salvage value 21000, and useful life 12 years. The straight-line depreciation per year is calculated by subtracting salvage value from cost and then dividing by th......Login to view full explanation

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