Coronado's quik shop bought machinery for $9 on january 1, 2017. coronado estimated the useful life to be 5 years with no salvage value, and the straight-line method of depreciation will be used. on january 1, 2018, coronado decides that the business will use the machinery for a total of 6 years. what is the revised depreciation expense for 2018?

Revised depreciation expense for 2018 = $14,400

Explanation:

Cost of machinery = $90,000

Salvage value = $0

Expected life = 5 years

Date of purchase of machinery = 1 January, 2017

Depreciation for the year 2017 = ($90,000 - $0)/5 = $18,000 per year under straight line method.

Book value at end of year 1 = $90,000 - $18,000 = $72,000

Now on 1 Jan 2018 company decides to use the machinery for total of 6 years

That is time period left = 6 years - Already used 1 year = 5 years

Depreciation = $72,000/5 years = $14,400 per year as life from now is 5 years for which depreciation will be as follows.

Note: No reverse adjustment is possible in previous year financial statements.

Revised depreciation expense for 2018 = $14,400

1   b) the use of non-standard grammar  

2   a) quiet and shy.

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.