ch910 business finance
No PLAGIARISM PLZ
THERE ARE TWO FILE SHOULD BE ANSWERED
Answered should be typed
1.Maple Inc. just purchased a machine for $20,000 to use on a new project. The shipping costs are $4,500 and installation charges total $2,000. Maple is anticipating an increase of $10,000 in net working capital requirements. The machine is being depreciated straight line over 7 years to an estimated salvage value of $2,000. What is the annual depreciation expense?