The original cost of á Machinery
3,50,000/- Érection charges
40,000/-, Preoperating cost
20,000/-, Salvage value after
8 years were 10,000/-
Calculate the annual
depreciation of the Machinery.
Answers
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cost of the machinery =350000
salvage value = 20000 +10000
=30000
depreciation = 350000-30000 ÷8
= 320000÷8
= 40000
annual depreciation = 40000 +40000
= 80000.
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