Which of the following formulas would be INCORRECT in cell E9? C D E 1 2...

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Which of the following formulas would be INCORRECT in cell E9? C D E 1 2 Cost 3 Salvage 4 Life (in years) $440,000 $40,000 January 1 book Depreciation Year Accumulated December 31 7 value Expense Depreciation book value 8 1 $440,000 $176,000 $176,000 $264,000 $264,000 $105,600 $281,600 $158,400 10 3 $158,400 $63,360 $344,960 $95,040 11 4 $95,040 $38,016 $382,976 $57,024 12 $57,024 $17,024 $400,000 $40,000 Multiple Choice +89-C9 56 $440,000 $176,000 $176,000 $264,000 1 $264,000 $105,600 $281,600 $158,400 2 $158,400 $63,360 $344,960 $95,040 10 3 $95,040 $38,016 $382,976 $57,024 11 4 $57,024 $17,024 $400,000 $40,000 12 Multiple Choice =+89-C9 +E8-C9 +$B$2-D9 +B9-D9 5 8. Which of the following formulas would be INCORRECT in cell E9? C D E 1 2 Cost 3 Salvage 4 Life (in years) $440,000 $40,000 January 1 book Depreciation Year Accumulated December 31 7 value Expense Depreciation book value 8 1 $440,000 $176,000 $176,000 $264,000 $264,000 $105,600 $281,600 $158,400 10 3 $158,400 $63,360 $344,960 $95,040 11 4 $95,040 $38,016 $382,976 $57,024 12 $57,024 $17,024 $400,000 $40,000 Multiple Choice +89-C9 56 $440,000 $176,000 $176,000 $264,000 1 $264,000 $105,600 $281,600 $158,400 2 $158,400 $63,360 $344,960 $95,040 10 3 $95,040 $38,016 $382,976 $57,024 11 4 $57,024 $17,024 $400,000 $40,000 12 Multiple Choice =+89-C9 +E8-C9 +$B$2-D9 +B9-D9 5 8.

Answer rating: 100% (QA)

Solution Book value can be computed as in follwing ways 1 Book value on Jan... View the full answer