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QA company purchased an air conditioning system for $10200

A company purchased an air conditioning system for $10200. The shipping charges on the system were $875, and the setup cost were $1250. The system is expected to last for five years and has a residual value of $2000. If you use the straight-line method to calculate the depreciation for this air conditioning system what would be the annual depreciation?
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#1ethenAnswered at 2013-02-19 19:32:45
investment = 12325
residual = 2000
depreciate 10325 over 5 years SL
10325/5 = 2065 per year
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