What will the total carrying value of this equipment

What will the total carrying value of this equipment

What will the total carrying value of this equipment (computer and security) be at the end of 2016? (Max. 8 lines)

(7 marks)

Tim purchased some new computer equipment at the beginning of 2013 with a cost of R40 000. The equipment has a residual value of R5 000, and Tim has elected to use the declining balance (reducing balance) method for calculating the depreciation on the equipment. The depreciation rate is 10% per year.

Furthermore, at the beginning of 2015 he purchased security equipment with a cost of R80 000, a residual value of R10 000 and a useful life of 14 years.

Evaluation Criteria for Paper

To detect plagiarism and cheating in this course, all student papers will be reviewed through the software program, Turn-it-In located in WebCampus. A “similarity” score should be under 20%. Please check the Q &A post on Canvas if you have any questions.

(10%) Resources used as rationale for approaches and as sources of content
(5%) Use At least one journal article relevant to the case as a reference
(5%) Use At least one textbook as a reference

_____ 5. (20%) write paper in a scholarly manner
(4%) Format includes title page, body of paper, & reference page, with pages numbered

_____ 5. (20%) Write the Paper in a scholarly manner
(4%) Format includes title page, body of paper, & reference page, with pages numbered

APA style
(4%) Limit the paper to 4 pages in length, which includes title page and reference page
(4%) Cite references in the paper according to APA style
(4%) list References on the reference page according to APA style
(4%) Grammar, language, spelling, and sentence structure are at a college writing level

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