World-Wide Corporation purchased a computer system for $45,500. Delivery costs totaled $1,550. The useful life is 5 years and the salvage value is $5,250. Prepare a depreciation schedule using the straight-line method, then enter the book value at the end of year 4 as your answer.

Question

Quizplus · Accepted Answer

The Answer of World-Wide Corporation purchased a computer system for $45,500. Delivery costs totaled $1,550. The useful life is 5 years and the salvage value is $5,250. Prepare a depreciation schedule using the straight-line method, then enter the book value at the end of year 4 as your answer.

World-Wide Corporation Purchased a Computer System for $45,500