Craig’s Construction Company bought a crane for $200,000, which it expects to be able to use for 50 years. Rather than showing an expense of $200,000 in the first year and no expense for the crane over the next 49 years, Craig can report depreciation expenses of _____ per year in each of the next 50 years because that better matches the cost of the machine to the years it is used. (($4,000))

Open chat
Can we help you?