Mark W.

asked • 13d

Finance: Capital Cost

A new computer system that controls a manufacturing process for Cat Incorporated can be straight-line depreciated to zero over 7.00-years. The cost of the computer system is $300,000.00, and it will also cost $23,511.00 to install and deliver.

What is the yearly depreciation for the computer?

What is the book value of the computer after the fifth year?

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