Answer:
$66,000
Step-by-step explanation:
Data provided in the question:
Purchasing cost of the machine = $320,000
Salvage value = $20,000
Useful life of the machine = 5 years
The gain on selling of the machine = $6,000
Now,
The annual depreciation of the machine
= [Cost - salvage value] ÷ ( Useful life )
= [ $320,000 - $20,000 ] ÷ 5
= $60,000
Accumulated depreciation from January 1, 2014 to May 1, 2018
= Annual depreciation × (Duration from January 1, 2014 to May 1, 2018 )
= $60,000 × ( 4 years 4 months )
= $60,000 × years
[48 months + 4 months = 52 months]
= $260,000
Therefore,
Book value on May 1, 2018 = Cost - Accumulated depreciation
= $320,000 - $260,000
= $60,000
Now,
Gain = Selling cost - Book value
$6,000 = Selling cost - $60,000
or
Selling cost = $66,000
Hence,
cash Bogle received from the sale of the machinery was $66,000
Answer:
8
Step-by-step explanation:
The median is the segment from vertex B to the midpoint of AC. That midpoint (D) is ...
D = (A + C)/2 = ((-6, 7) +(-2, -9))/2 = (-8, -2)/2
D = (-4, -1)
The length of the midpoint is the length of the segment DB between (-4, -1) and (4, -1). These points both have the same y-coordinate, so the length is the difference of x-coordinates: 4 -(-4) = 8.
