Answered

What is the depreciation in the ninth year for a peach Grove that was purchased for $58,000?

A$4,376

b)$1,612.80

C$2,947.50
D$3,804.80

Verified Answer :

tanvira12

Actually I don't have enough to work with but I can tell you can try to do. Straight line method of depreciation means the amount should be the same each year. But we don't know the percentage rate so we can take that us as x.
58k into x = one year of depreciation

If you have the current cost of the peach grove, you can subtract it from the original cost. The answer will give you the amount depreciated over nine years so go ahead and divide that by nine.

I'm sorry I couldn't help much :(

ce6688846993

The answer is $3,804.80

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