Question: A grading contractor owns two large graders valued at $ 8 0 , 0 0 0 each, three 4 0 C . Y . trucks

A grading contractor owns two large graders valued at $80,000 each, three 40 C.Y. trucks valued at
$50,000 each. two payloads valued at $40,000 each, and a compactor valued at $35,000. Assuming a
10-year life span for each of these equipment and using the straight-line depreciation method, estimate
the combined hourly depreciation rate of these equipment. (Hints: assume salvage value of 10% of
initial price and that all equipment have a 2,000 hour/year of working time).
A grading contractor owns two large graders

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