Freight charges amounted to $2, 100 and there was a cost of $6, 000 for building a foundation and installing the equipment?
Freight charges amounted to $2, 100 and there was a cost of $6, 000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $9, 000 salvage value at the end of its 5 - year useful life. ! .