You purchase equipment for $154,769. This cost will be depreciated straight-line to zero over the project's 6-year life. Based on past information, you believe that you can sell the equipment for 16,383 when you are done with it in 6 years. The company's marginal tax rate is 21%.

Calculate the amount of depreciation per year.

Answer rating: 100% (QA)

Straightline depreciation is a common method used to spread t... View the full answer