Apiece of equipment is purchased for $18,000.00 and has a salvage value of $2,000.00.the estimated life is then years and the method of depreciation is straight-line. shipping costs total $620.00 and installation costs are $590.00. the book value at the end of year 10

a.)$1,110.00

b)$2,110.00

c)$3,110.00

d)$2,000.04

xd

Hello one of my favvvvv sons!
This is Accounting math, so congrats at being in college level math!
 Now let's solve this!  :)

The Book Value of an asset is the asset's cost minus the assets accumulated depreciation.
 Asset's costs:
           Purchase of equipment =  $18,000
           Shipping costs =  $620.00
           Installation costs =  $590.00
                                    
              Total = $19,210.00

Assets accumulated depreciation:

  depreciation per year=(Cost of equipment-Salvage Value) ÷ Estimated Useful Life = (18000 - 2000) ÷ 10 = $ 1,600 per anum (per year)

           Cost: $18,000
           Salvage Value: $ 2,000
           Estimated Useful Life:  10 years

 With this data, we can make the following chart provided below.
Looking at the chart we can conclude that hence, in the 10th year, the accumulated depreciation value is $ 16,000.

So the Book Value at the end of year 10 is...
an asset is the assets cost - the assets accumulated depreciation.
$19,210.00 - $16,000 = $ 3,210

Hope I helped! If you have any other questions or would like further explanation feel free to Pm me! Have a great day!!! :)

The answer is 41.7 because 1.39 times 30 is 41.7