"On January 1, 2011, Kinnear Company purchased equipment at a cost of $20,000. The equipment has an estimated useful life of 5 years and a salvage value of $2,000. Kinnear Company uses the straight-line depreciation method for all its assets. Given this information, if Kinnear Company sells the equipment for $13,600 on December 31, 2012, it will have a(n):"

The company will have a gain on disposal of $800.

Explanation:

The straight line depreciation method charges a constant depreciation expense throughout the useful life of the asset. The formula for depreciation expense per year under the straight line method is,

Depreciation expense per year = (Cost - Salvage Value) / estimated useful life of the asset

Depreciation expense per year = (20000 - 2000) / 5   =  $3600 per year

The sale would be made after 2 years of using the asset. The accumulated depreciation on the asset at 31 December 2012 will be,

Accumulated depreciation = 3600 * 2 = $7200

The Carrying value of an asset = Cost - Accumulated depreciation

Carrying value at 31 December 2012 = 20000 - 7200 = $12800

If the sales proceeds from selling the asset are more than the carrying value, there is a gain on disposal and vice versa.

Gain/Loss on disposal = 13600 - 12800  =  $800 Gain

the answer is     d. in our global economy, most job growth will be in services, but manufacturing jobs will exist, too.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.