Blossom Company purchased a 777 aircraft on January 1, 2020 at a cost of $40,880,000. The estimated useful life of the aircraft is 20 years, with an estimated salvage value of $6,132,000. Compute the accumulated depreciation and book value at December 31, 2022 using the straight-line method and the double-declining-balance method.

engine assembler, survey reasearcher, auditor

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

answer utilities; more money you have to pay out ; )