Concord Corporation purchased a depreciable asset for $175700. The estimated salvage value is $14200, and the estimated useful life is 10 years. The straight-line method will be used for depreciation. What is the depreciation base of this asset

the depreciation base of this asset is $161,500

Explanation:

Depreciation Base is the Value that is divided y the useful life to obtain the depreciation charge of an asset.

Depreciation Charge under straight line method is calculated as :

Depreciation = (Cost - Salvage Value)/Number of Useful Life

Therefore depreciation base of this asset is $175700 - $14200 = $161,500

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henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer///video, because samuel can show his work in real time and be better understood;