Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 24 Sep 2017 My Price 4.00

Firton Brothers

Firton Brothers purchased for $90,000 a tract of land that included an abandoned warehouse. The warehouse was razed, and the site was prepared for a new building at a cost of $10,000. Scrap materials from the warehouse were sold for $7,000. A building was then constructed for $140,000, a driveway and parking lot were laid for $32,000, and permanent landscaping was completed for $4,000. Firton Brothers depreciates fixed assets over a twenty-year period using the straight-line method.
a. Compute the amount of cost to be placed in the land, land improvements, and building accounts.
b. Assuming a salvage value of zero, compute the depreciation expense associated with the items above for the first year.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 02:09 PM My Price 4.00

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