Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 10 - Acquisition and Disposition of Property, Plant, and Equipment - Review and Practice - Brief Exercises - Page 532: BE10-2

Answer

1. 1,800,000 * 10/12 = 1,500,000 2. 1,200,000 * 7/12 = 700,000 3. 3,000,000 * 0 = 0 Total = 2,200,000

Work Step by Step

Amount multiplied by the months remaining divided by total months in a year.
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