ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 154

Fair value

10,790,400

Suarez intends to dispose of the equipment in the coming
year. It is expected that the cost of disposal will be $ 44,960 .
As of December 31, 2014, the equipment has a remaining
useful life of 4 years.

20) The following data relate to the Machinery account of
Eshkol, Inc. at December 31, 2014.

Machinery

A

Original cost
$188,800

B

$108,560
$188,800

C

$120,360

D