O’dell vegetables purchased a harvesting machine on july 1, 2016, for $984,000. the machine was estimated to have a useful life of 8 years with an estimated salvage value of $140,000. o’dell uses the straight-line method of depreciation. during 2019, it became apparent that the machine would become uneconomical after december 31, 2023, and that the machine would have no scrap value. what should be the charge for depreciation in 2019 under generally accepted accounting principles?
its to satisfy all economic want in the community
false, when you invest in yourself and your career, it often requires you to take a risk. when you take a risk, you often have a better outcome than if you played it safe. when you are initally starting out in your career, you need to take risk to realize your potential and to create new opportunities for your career. taking a risk is scary, but playing it safe doesnt get you very far.