On January 1, year 1, LaRose Corp. purchases equipment for $100,000. LaRose uses the double-declining-balance method of depreciation. The asset has a 5-year service life and a $10,000 residual value. What is depreciation expense for year 1?

Suppose that california imposes a sales tax of 10 percent on all goods and services. a californian named ralph then goes into a home improvement store in the state capital of sacramento and buys a leaf blower that is priced at $200. with the 10 percent sales tax, his total comes to $220. how much of the $220 paid by ralph will be counted in the national income and product accounts as private income (employee compensation, rents, interest, proprietors' income, and corporate profits)?