Homework Answers
| Jan 1 2019 | Assembly machine-Robotic Arm | $2,25,000 | |
| Cash | $2,25,000 | ||
| (Addition to assembly machine) | |||
| Depreciation expenses =($750,000+$225,000) / 6 years =$162,500 | |||
| Depreciation expenses-Assembly machine | $1,62,500 | ||
| Accumulated Depreciation | $1,62,500 | ||
| Book Value of Assembly machine at end of 2019 =$975,000 - $162,500 =$812,500 | |||
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