Question: Please answer problem #13, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Equipment was purchased for S150500. Freight charges amounted to 53500 and there

Please answer problem #13, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you!

Equipment was purchased for S150500. Freight charges amounted to 53500 and there was a cost of $22000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $34000 salvage value at the end of its 5-year useful life. Depreciation Expense each year using the straight-line method will be $23300 $28400 $35200 $25000

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