Business, 14.04.2020 23:19 robert7248

On January 1, 2017, Wasson Company purchased a delivery vehicle costing $40,000. The vehicle has an estimated 3-year life and a $4,000 residual value. Wasson estimates that the vehicle will be driven 72,000 miles.
What is the vehicle's depreciation expense for the year ended December 31, 2019, assuming Wasson uses the units-of-production depreciation method and the vehicle was driven 35,000 miles during 2017, 25,000 miles during 2018 and 14,000 miles in 2019?

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Answer from: homeworkprincess

$7,000

Explanation:

The computation of the depreciation expense for the year 2019 is shown below:

But before that first we have to determine the depreciation per miles which is

= (Original cost - residual value) ÷ (estimated driven)

= ($40,000 - $4,000) ÷ (72,000 miles)

= ($36,000) ÷ (72,000 miles)

= $0.5 per miles

Now for the 2019, it would be

= Expected miles driven in 2019 × depreciation per mile

= 14,000 miles × $0.5

= $7,000

Answer from: Quest

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last, city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

Answer from: Quest

My first question is what benefits do you expect to achieve from career exploration? the benefits that i expect to achieve from career exploration. for me i think the benefits of exploring many different careers are that you get exposed to more, so it's easier for you to pick which one you like best. another benefit is that you get a more first hand view of what jobs are more likely to be needed in the future and that can be factored into your consideration. my second question is what do you expect to be the most challenging parts of your career planning process? why? the most challenging parts of my career planning process is trying to get things in order and trying to write this paragraph it is confusing and, hard work. and last but not least my third question is i think the most challenging part is taking the first step and really deciding on a career you want to pursue; there are so many options and it can be hard to choose.which jobs will allow me to make a living? ; what skills does emergency medical technician emergency medical services medical » physiology require?

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On January 1, 2017, Wasson Company purchased a delivery vehicle costing $40,000. The vehicle has an...

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