Answer:
Therefore, we use the linear depreciation and we get is 17222.22 .
Step-by-step explanation:
From Exercise we have that is boat $250,000.
The straight line depreciation for a boat would be calculated as follows:
Cost boat is $250,000.
For $95,000 Deep Blue plans to sell it after 9 years.
We use the formula and we calculate :
(250000-95000)/9=155000/9=17222.22
Therefore, we use the linear depreciation and we get is 17222.22 .
