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28 January, 12:52

A structure's reproduction cost new is $375,000. The home is 12 years old and has an effective age of 8 years. Assuming a total economic life of 60 years, what is the accrued depreciation (rounded) using the age-life method? (Round the final calculation to the nearest dollar.)

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  1. 28 January, 15:00
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    The Correct answer is $50,000

    Explanation:

    (8 years effective age : 60 economic life) * $375,000 reproduction cost = $50,000.

    good luck
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