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Question: Of the equipment at 2017 31 31, 20 of the equipment and th Roland intends dispose to assumirus th…
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Question: Of the equipment at 2017 31 31, 20 of the equipment and th Roland intends dispose to assumirus th...
Question: Of the equipment at 2017 31 31, 20 of the equipment and th Roland intends dispose to assumirus th...

Show transcribed image text of the equipment at 2017 31 31, 20 of the equipment and th Roland intends dispose to assumirus that Kohlbeck a manu Depreciation Computations) has started the fi of In sive following information from the You have been asked to ined the ou have for eal and 201s 31, Prr.ro aRoupwORK disposition. the data already ted on sas. of the month of for the land. m ords and perso on the schedule are to the first paid had an Dyreciation is computed from the first of the month of acquisition Kohlbeck building 2 Land A and Building A were acquired from a value of soo and the commo an appra At the time of acquisi the issued shares of Durin october 2016 Land B was acquired on October 2, 2016, in exchange for 2,500 of per share. 30, date of acquisition, the stock had pet this d a it could construct a new building. be land so fair value beck paid to demolish an existing building on on October 1, 2017. By building will Construction of Building Bon the newly acquired land began is estimated that the paid of the e total costs of It the equip occupied by July 2019 "mated independent appraisal of 5 Certain equipment was donated to the corporation by a local university. An and maintenance donated placed the fair value at and the salvage value at $3,000. and normal repairs 6. Machine A's total cost of s182 includes installation expense of s600 2018. Salvage value is estimated at $6.000 Machinery A was sold on February 1, be 7 On a tober 1. 2017 Machinery with down payment and Payments to in 11 annual installments of S6.000each beginning October prevailing interest rate was were abstracted from present value tables (rounded). Present Value of an Ordinary Annuity of $1.00 at 8% Present Value of $1.00 at 8% 6.710 10 years 10 years 7.139 11 years 11 years 15 years 15 years .315

of the equipment at 2017 31 31, 20 of the equipment and th Roland intends dispose to assumirus that Kohlbeck a manu Depreciation Computations) has started the fi of In sive following information from the You have been asked to ined the ou have for eal and 201s 31, Prr.ro aRoupwORK disposition. the data already ted on sas. of the month of for the land. m ords and perso on the schedule are to the first paid had an Dyreciation is computed from the first of the month of acquisition Kohlbeck building 2 Land A and Building A were acquired from a value of soo and the commo an appra At the time of acquisi the issued shares of Durin october 2016 Land B was acquired on October 2, 2016, in exchange for 2,500 of per share. 30, date of acquisition, the stock had pet this d a it could construct a new building. be land so fair value beck paid to demolish an existing building on on October 1, 2017. By building will Construction of Building Bon the newly acquired land began is estimated that the paid of the e total costs of It the equip occupied by July 2019 "mated independent appraisal of 5 Certain equipment was donated to the corporation by a local university. An and maintenance donated placed the fair value at and the salvage value at $3,000. and normal repairs 6. Machine A's total cost of s182 includes installation expense of s600 2018. Salvage value is estimated at $6.000 Machinery A was sold on February 1, be 7 On a tober 1. 2017 Machinery with down payment and Payments to in 11 annual installments of S6.000each beginning October prevailing interest rate was were abstracted from present value tables (rounded). Present Value of an Ordinary Annuity of $1.00 at 8% Present Value of $1.00 at 8% 6.710 10 years 10 years 7.139 11 years 11 years 15 years 15 years .315

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