Business, 15.11.2019 20:31, irabrooks14

Machinery was purchased for $46 on january 1, 2022. freight charges amounted to $15000 and there was a cost of $34000 for building a foundation and installing the machinery. it is estimated that the machinery will have a $65000 salvage value at the end of its 10-year useful life. what is the amount of accumulated depreciation at december 31, 2023 if the straight-line method of depreciation is used?

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Machinery was purchased for $46 on january 1, 2022. freight charges amounted to $15000 and there was...