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MMLU-Pro / 108 / Joe Troy purchased a chain saw for …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Joe Troy purchased a chain saw for $1,200 for his lumber mill. The saw will last 6 years and have no residual value. Mr. Troy wishes to use the straight-line method of depreciation. Find the depreciation and book value for the first two years.

category

business

options

  1. $350 per year, $850 after first year, $500 after second year
  2. $100 per year, $1100 after first year, $1000 after second year
  3. $400 per year, $800 after first year, $400 after second year
  4. $250 per year, $950 after first year, $700 after second year
  5. $600 per year, $600 after first year, $0 after second year
  6. $500 per year, $700 after first year, $200 after second year
  7. $150 per year, $1050 after first year, $900 after second year
  8. $200 per year, $1000 after first year, $800 after second year
  9. $300 per year, $900 after first year, $600 after second year
  10. $450 per year, $750 after first year, $300 after second year

src

stemez-Business

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Source and history

upstream_id / Original problem ID
108
task_id
b587598c-516a-5309-95e5-41e0a8b9db19
task_key
default--test--108
task_revision_id
3
config / split
default / test

Official source

initial import