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You have a piece of equipment that was purchased for your project recently for $5,000 and is expected to last 5 years in production. At the end of the five years the expected worth of the equipment is $2,000. Using straight-line deprecation, what is the amount that can be written off each year?

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You have a piece of equipment that was purchased for your project recently for $5,000 and is expected to last 5 years in production. At the end of the five years the expected worth of the equipment is $2,000. Using straight-line deprecation, what is the amount that can be written off each year?






 
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