Question: Complete problem P10-23 using ASPE. Data from P10-23 Dried Canned Original cost $9,000,000 $12,000,000 Accumulated depreciation 3,700,000 4,500,000 Fair value 6,100,000 7,300,000 Costs to sell

Complete problem P10-23 using ASPE.

Data from P10-23

Dried Canned Original cost $9,000,000 $12,000,000 Accumulated depreciation 3,700,000 4,500,000 Fair value 6,100,000 7,300,000 Costs to sell 180,000 310,000 Incremental cash flow 2013 1,100,000 2,200,000 Incremental cash flow 2014 1,400,000 3,000,000 Incremental cash flow 2015 1,700,000 3,500,000 Incremental cash flow 2016 2,000,000 Incremental cash flow 2017 and later Risk adjusted cost of capital 12% 12%

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