The transaction would be reflected as a $30,000 cash inflow from investing and the $3,000 gain would be added to net income in the operating section on the statement of cash flows.
Under the indirect method for the operating section of the statement of cash flows, gains and losses from investing activities are added or deducted from net income. In this case, Leslie Industries sold equipment for $30,000 cash, which results in a gain of $3,000 ($30,000 - $78,000 + $51,000 = $3,000). Since this is an investing activity, it would be reflected as a $30,000 cash inflow from investing and the $3,000 gain would be added to net income in the operating section.
When using the indirect method for the operating section, the gain from the sale of equipment is deducted from net income. First, calculate the gain: the equipment's book value is $78,000 (cost) - $51,000 (accumulated depreciation) = $27,000. Since it is sold for $30,000, there's a gain of $3,000. This gain is deducted from net income in the operating section.
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A 3rd degree burn has burnt only part of the epidermis. the epidermis only. the epidermis and dermis. the epidermis and part of the dermis.
A 3rd degree burn has burnt the epidermis and part of the dermis. Option 3 is the correct answer.
A 3rd degree burn is a severe burn that extends through the entire thickness of the skin. In a 3rd degree burn, the epidermis, which is the outermost layer of the skin, and part of the dermis, which is the layer beneath the epidermis, are affected. This type of burn destroys the full thickness of the epidermis and can extend into the deeper layers of the dermis.
The epidermis serves as a protective barrier for the body, preventing the entry of harmful substances and pathogens. It also helps regulate body temperature and plays a role in the production of vitamin D. The dermis provides structural support, contains blood vessels, nerve endings, sweat glands, and hair follicles.
Due to the severity of the injury, 3rd degree burns often require medical intervention and specialized treatment. They can result in extensive tissue damage, loss of sensation, and impaired healing. Treatment may involve surgical interventions, such as skin grafting, to promote healing and minimize the risk of infection. Rehabilitation and long-term care are often necessary to manage the physical and psychological effects of a 3rd degree burn.
Hence, option 3 is the right choice.
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a company purchased a depreciable asset for $25,000 on april 1, year 1. the asset will be depreciated using the straight-line method over its four-year useful life. assuming the asset's salvage value is $2,600, the company should recognize depreciation expense in year 2 in the amount of:
The correct answer to the question above is $5,600.
Step-by-step explanation:
Given data:
Cost of asset: $25,000Estimate useful life: 4 yearsMethod of depreciation: straight-line methodSalvage value: $2,600Depreciation Expense = (Cost - Salvage value) / Estimated useful life
Deprecation Expense = ($25,000 - $2,600) / 4
Deprecation Expense = $22,400/4 = $5,600
The company should recognize depreciation expense in year 2 in the amount of $5,600.
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A typical feasibility study includes all of the following areas, except: O The concept for your venture O The technical feasibility of your idea O The supply situationO International trade regulations
A typical feasibility study includes all of the following areas, except International trade regulations.
Laws governing unfair competition, unfair or dishonest commercial activities, and other areas of trade regulation are sometimes grouped with antitrust laws. A part of International trade regulation law that is frequently regarded as separate is antitrust law. Trade regulatory law is occasionally seen to include franchise and distribution law, consumer protection law, and advertising law. Local companies may now export their goods thanks to international commerce, which both expands the variety of items available to domestic customers and lowers the price of those goods by fostering more competition. The benefits of free trade have not been claimed to accrue to all parties, despite the fact that all of these impacts appear to be positive. The response of various nations to a range of potential trade-influencing variables will be looked at in this article.
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Which sequence of HACCP principles is in the correct order?
A.
Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.
B.
Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.
C.
Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.
D.
Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.
E.
Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.
Answer:
B
Explanation:
Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .
The sequence of the first three of the seven principles are
1. Conduct hazard analysis to determine potential risks related to food protection
2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health
3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.
Answer:
B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP
Explanation:
If we are mainly looking at the role of specific international organizations when we analyze an international development, we are mainly focusing on the .............. level of analysis.
The operational analysis level can be used to understand the role of an international organization in relation to its international development.
Operational AnalysisIt is a method used to examine and measure the performance of an organizational investment in relation to cost, timing, and market performance.
Therefore, the operations analyst professional has the function of analyzing an organization's policies and procedures to recommend improvements that help achieve total quality in a company.
The correct answer is:
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lents for Chefs on O*NET
Click this link to view O*NET's Education section for Chefs. According to O*NET, what are the three most common
levels of education Chefs hold? Check all that apply.
O associate degree
master's degree
high-school diploma or equivalent
less than high-school diploma
bachelor's degree
doctoral degree
Intro
According to the O'NETS education sector, the degrees that chefs need to have are:
associate degreehigh-school diploma or equivalentless than high-school diplomaWho is a chef?A chef is a term that is used to refer to a cook that has been professionally trained on the ways to prepare several meals.
A chef is a person that is able to prepare different dishes and they are known to focus on one cuisine often times.
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Answer: The answer is 1 3 4
Explanation:
I got it right
How do depreciating assets hurt your financial health?
a. They decrease your net worth.
b. They increase your discretionary spending.
d. They lower your FICO score.
c. They increase your equity.
Answer:
A
Explanation:
net worth is based on assets and income so if assets decrease your net worth decreases
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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WHICH OF THESE INDIVIDUALS IS AN ENTREPRENEUR?????????
A. A farmer who sells his crops in many different countries
B. A banker who is in charge of hundreds of accounts
C. An engineer who gets a mortgage to buy a new house
D. A chef who decides to open her own restaurant
WILL GIVE BRAINLIST
Answer:
The answer is C. Because it brings more profitability to his businessThe deadweight loss that arises from u monopoly is a consequence of the fact that the monopoly a. price equals marginal revenue. b. price is the same as average revenue
c. quantity is lower than the socially optimal quantity d. All the above are correct
The deadweight loss that arises from monopoly is a consequence of the fact that the monopoly c. quantity is lower than the socially optimal quantity.
A deadweight loss results from a market that is inefficient due to supply and demand being out of equilibrium. Deadweight losses are generally caused by an ineffective distribution of resources, which is brought about by a variety of interventions, including price ceilings, floors, monopolies, and levies.
What is deadweight loss?Deadweight losses are expenses incurred by society as a result of market inefficiency, which happens when supply and demand are not balanced. Deadweight loss refers to any deficit brought on by an ineffective resource allocation and is primarily utilized in economics.
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Kent Huston is a middle manager at a management consulting company. He has the ability to negotiate, impress the right people, and make the right connections. Huston has _____ skills.
Many skills are required to carry out a job and secure a better position.
Managerial SkillsKent Huston being a manager have the ability to negotiate, impress its customers and he is proficient in making connections, these are a set of abilities that he possess and with this skill set he is carrying out his managerial role quite efficiently.
Skills of Kent HustonTherefore the skill set possessed by Kent Huston is Human Relations Skills.
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Genera 5
3
Select the correct answer.
Which relationship is possible when two tables share the same primary key?
O A one-to-one
ОВ.
one-to-many
OC. many-to-one
OD. many-to-many
Reset
Next
Question:
Which relationship is possible when two tables share the same primary key?
Explanation:
One-to-one relationship.
When selecting interests/activities to include on your résumé, select those that are _____.
relevant
challenging
interesting
dangerous
Answer:
When selecting interests/activities to include on your résumé, select those that are interesting.
Explanation:
You don't want to be stuck doing something you hate for a living. I might say challenging since everybody's brains need risk and challenge to develop and mature, but you don't want to k!ll yourself either when it could be easy.
Something that credit card commercials don't show you is . . .
1. How great your life will be with payments
2. People making payments for months or years on those credit card purchases
3. How much your credit score will grow right away
4. How happy your parents will be that they don't have to lend you cash anymore
5. When a homeowner takes out a home equity line of credit (HELOC), that loan can only be used for home repairs and renovations.
Credit card commercials do not show 2. People making payments for months or years on those credit card purchases.
What are credit card commercials?Credit card commercials are the adverts placed on various media by credit card companies to entice individuals to sign on a credit card.
The commercials will show the great life of getting a credit card and making purchases convenient, including other enticements.
Thus, credit card commercials do not show Option 2.
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Discuss the four dissimilarities between the two market structures know as oligopoly and monopolistic competition
There are several key differences between oligopoly and monopolistic competition. Here are four dissimilarities to consider:
1. Number of firms: In an oligopoly, there are only a few large firms that dominate the market, while in monopolistic competition, there are many small firms that operate independently.
2. Product differentiation: Oligopolistic firms often sell similar or identical products, while firms in monopolistic competition differentiate their products through branding, advertising, and other marketing efforts.
3. Barriers to entry: Oligopolies are typically characterized by high barriers to entry, which make it difficult for new firms to enter the market. Monopolistically competitive markets, on the other hand, have low barriers to entry, which encourage new firms to enter and compete.
4. Price control: Oligopolistic firms often engage in price collusion, which means they work together to set prices at a level that maximizes profits for all firms in the market. In monopolistic competition, firms do not collude on prices and are generally free to set prices based on their individual costs and market conditions.
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Daniel, age 38, is single and has the following income and expenses in 2021:
Salary income $65,000
Net rent income 6,000
Dividend income 3,500
Payment of alimony (divorce finalized in March 2019) 12,000
Mortgage interest on residence 9,900
Property tax on residence 1,200
Contribution to traditional IRA 6,000
Contribution to United Church 2,100
Loss on the sale of real estate (held for investment) 2,000
Medical expenses 3,250
State income tax 2,300
Federal income tax 5,800
a. Calculate Daniel’s AGI.
b. Should Daniel itemize his deductions from AGI or take the standard deduction? Explain.
In this case, Daniel should compare his itemized deductions ($38,550) to the standard deduction ($12,550). Since his itemized deductions exceed the standard deduction, it would be more beneficial for Daniel to itemize his deductions from AGI. By doing so, he can reduce his taxable income further and potentially lower his overall tax liability.
To calculate Daniel's Adjusted Gross Income (AGI), we need to subtract certain deductions from his total income. Let's go through the calculations:
a. Calculation of AGI:
Total Income:
Salary income: $65,000
Net rent income: $6,000
Dividend income: $3,500
Total deductions:
Payment of alimony: $12,000
Mortgage interest on residence: $9,900
Property tax on residence: $1,200
Contribution to traditional IRA: $6,000
Contribution to United Church: $2,100
Loss on the sale of real estate: $2,000
Medical expenses: $3,250
State income tax: $2,300
Federal income tax: $5,800
AGI = Total Income - Total Deductions
AGI = ($65,000 + $6,000 + $3,500) - ($12,000 + $9,900 + $1,200 + $6,000 + $2,100 + $2,000 + $3,250 + $2,300 + $5,800)
AGI = $74,500 - $44,550
AGI = $29,950
Therefore, Daniel's AGI is $29,950.
b. To determine whether Daniel should itemize his deductions or take the standard deduction, we compare the total amount of his itemized deductions to the standard deduction.
Itemized Deductions:
Payment of alimony: $12,000
Mortgage interest on residence: $9,900
Property tax on residence: $1,200
Contribution to United Church: $2,100
Loss on the sale of real estate: $2,000
Medical expenses: $3,250
State income tax: $2,300
Federal income tax: $5,800
Total Itemized Deductions = $12,000 + $9,900 + $1,200 + $2,100 + $2,000 + $3,250 + $2,300 + $5,800
Total Itemized Deductions = $38,550
Standard Deduction for Single Filer in 2021 = $12,550
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A company reported the following information for its most recent year of operation: purchases, $112,000; beginning inventory, $26,000; and cost of goods sold, $122,000. how much was the company's ending inventory
A business reported the following figures for its most recent fiscal year: acquisitions of $112,000; initial inventories of $26,000; and cost of goods sold of $122,000. The company's final inventory is valued at $16,000.
Explain about the ending inventory?Ending inventory, often referred to as closing inventory, is the cost of the items that a business has in stock and is ready to sell at the conclusion of a specific accounting period. For organizations in almost every industry, calculating ending inventory is crucial.
The FIFO approach states that the newest units are used in the calculation after the first units are sold. Therefore, since the most recent units were purchased for $10 each, the ending inventory would be 1,500 x 10 = 15,000. Harod's business would have $15,000 in ending inventory.
Inventory is a form of asset, and the ending balance is shown in the part of current assets on a company's balance sheet. An account on the income statement is not inventory.
= Net purchases + initial inventory - cost of goods sold.
= $1,12,000 +26,000 - 1,22,000
= $ 16000
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a A rocket shoots up 123 meter
i. What is its initial velocity -
Answer:
Initial Velocity= 49 m/s
Time period= 5 secs
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
A rocket shoots up 123 meters. What is it initial velocity?How long is it ascending
The initial velocity can be calculated using the expression below
u= √( 2gh)
Where g= Acceleration due to gravity= 98 m/s^2
h= height
Substitute the values we have
u = √(2*9.8*123)
u=√( 2410.8)
u = 49 m/s
the time period can be calculated as
(49/9.8)
= 5 sec
Hence time period is 5 secs
When your company issues you a phone, you are obligated to respond to work emails at any time of the day or night. Do you agree? Give justification for your answer.
Actually, that is untrue; I must reply to your emails during business hours and not on my own time, and my phone will only be on during business hours.
What do you know about Email?In order to send and receive messages, one can use electronic mail, also known as email or e-mail. The term "e-mail" was first used in the late 20th century to describe the digital equivalent of or counterpart to mail.
An email address is frequently seen as a fundamental and essential component of many activities in business, commerce, government, education, entertainment, and other aspects of daily life in current use. Email is a pervasive and extremely commonly used communication channel.
Email can be sent and received on both local area networks and computer networks, namely the Internet. Store-and-forward is the foundation of modern email systems.
Email servers handle message acceptance, delivery, forwarding, and archiving. Users must connect, usually to a network, although neither the users' machines nor them must be online at the same time.
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As ruth ann is researching careers, she decides she enjoys living in her hometown and doesn’t want to relocate. which factor might have a strong impact on her career decisions?a. the career’s location b. the career’s average salary c. the career’s outlook d. the career’s employee benefits
As Ruth Ann is researching careers, her decision to stay in her hometown and not relocate can have a strong impact on her career decisions. One of the most important factors that could impact her decision is the career's location. Option A is correct.
Certain careers might require employees to relocate or travel frequently, which could be a significant obstacle for someone who wants to stay in their hometown. For instance, if Ruth Ann wants to work as an airline pilot, she may have to relocate to a hub city or travel frequently to different destinations. This could be a deal-breaker for her if she is committed to staying in her hometown.
Other factors that could impact Ruth Ann's career decisions include the career's average salary, outlook, and employee benefits. While these factors are important, they may not be as critical as the career's location for someone who is committed to staying in their hometown. However, it's worth noting that certain careers may offer better salaries, job security, or benefits than others, so it's essential to consider all of these factors when making a career decision.
Overall, Ruth Ann's decision to stay in her hometown will significantly impact her career decisions. It's essential to consider all of the factors that could affect her career choices, including the career's location, salary, outlook, and benefits. By carefully weighing these factors and doing her research, Ruth Ann can make an informed decision that aligns with her career goals and personal values. Therefore option A is correct.
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For an exponential function changing the value for ___ will change the y-intercept.
For an exponential function, changing the value for the base will change the y-intercept.
An exponential function is in the form of y = ab^x, where "a" represents the initial value or y-intercept, "b" represents the base, and "x" represents the exponent. The y-intercept is the value of y when x is equal to zero.
When the base of an exponential function changes, the function will either increase or decrease at a different rate. If the base is greater than 1, the function will increase rapidly as x increases. On the other hand, if the base is between 0 and 1, the function will decrease exponentially as x increases.
When the base is changed, the y-intercept is affected because it determines the initial value of the function. For example, if we have the function y = 2^x, the initial value or y-intercept is 1 (since 2^0 = 1). However, if we change the base to 3, the function becomes y = 3^x, and the new y-intercept is also 1 (since 3^0 = 1).
In summary, changing the value for the base in an exponential function will change the y-intercept because it determines the initial value or starting point of the function.
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If plant assets of a manufacturing company are sold at a gain of $1,000,000 less related taxes of $350,000, and the gain is not considered unusual or infrequent, the income statement for the period would disclose these effects as
A. operating income net of applicable taxes, $750,000.
B. an extraordinary item net of applicable taxes, $750,000.
C. a prior period adjustment net of applicable taxes, $1,000,000.
D. a gain of $1,000,000 and an increase in income tax expense of $350,000.
Answer:
D. a gain of $1,000,000 and an increase in income tax expense of $350,000.
Explanation:
Given that
The gain is $1,000,000
And, the taxes is $350,000
So here the income statement that disclose the impact is that
There is a gain of $1,000,000 and also at the same time the income tax expense is rise by $350,000
Therefore the option d is correct
hence, the same would be considered
What term can be used to describe the situation where your fixed and variable expenses are higher than your net income.(1 point)
A. saving
B. autonomous consumption
C. negative budgeting
D. dissaving
The term that describes the situation where fixed and variable expenses are higher than net income is D. dissaving.
Dissaving happens when an individual is spending from either previous savings or borrowing to fund current expenses.
Dissaving is commoner with retirees than those currently employed. But it can also happen to currently-employed persons, whose expenses are more than their incomes. They should find strategies to stop the negative saving. Otherwise, their debts may be overbearing in future.
Thus, dissaving means negative saving or spending more than income.
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Gerald has been an employee with GeoFuture Inc. for 15 years. He started with an entry-level job, and today he is a manager of an entire division. Over the years, Gerald has acquired a reputation for doing the right things in the company. Hence, as an efficient leader, he is capable of effectively communicating and motivating his subordinates to work toward the company's vision and mission. According to the Level-5 leadership pyramid, which is the highest level of leadership Gerald has reached so far
Answer:
Level 4
Explanation:
THESE ARE THE OPTIONS FOR THE QUESTION;
Level 5
Level 4
Level 3
Level 2
From the question, we are informed about Gerald who has been an employee with GeoFuture Inc. for 15 years. He started with an entry-level job, and today he is a manager of an entire division. Over the years, Gerald has acquired a reputation for doing the right things in the company. Hence, as an efficient leader, he is capable of effectively communicating and motivating his subordinates to work toward the company's vision and mission. According to the Level-5 leadership pyramid. In whichever his case , the highest level of leadership Gerald has reached so far is Level 4
M anagement pyramid can be regarded as skills set which is deviced in describing the features of managers and employee to further their careers.
The employment pyramid model is one that gives illustration of descending hierarchy of pyramid having the CEO at the top of the level, followed by presidents at the second level followed by vice presidents, then on fourth level there is middle management followed by team leaders and supervisors that dominate the fifth level then the entry-level employees.
Generally, when preferences for a good rise, demand for the good rises. If a perfectly competitive market starts in long-run equilibrium, holding all else constant, this will result in a higher market price, which will lead to in the industry and the market. This causes price to None of these 3 possible answers listed here are correct. economic losses; attracts new firms into; fall economic losses: causes some firms to leave; rise further O positive economic profits, causes some firms to leave; rise further
Which will lead to positive economic profit in the industry and cause some firms to leave the market. This causes the price to rise further.
A positive economic profit, therefore, indicates that the company is earning more than the competition standard. Context Financial profit is not the same as book profit. In accounting terms, profit is simply the excess of revenue over the explicit costs of generating it.
A firm produces a positive economic profit when the market price is greater than the average total cost of the firm, and a negative economic profit when the market price is less than the average total cost of the firm. Companies enter the industry when they expect economic benefits. These short-term gains are enough to drive entry. An economic profit of zero means a normal long-term return on the business owner's factors of production including labor and capital.
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Choose the best defense of the following statement: “A great communicator will practice speaking often.” a. Lots of practice will make the speaker less confident. b. Lots of practice will make the speaker’s argument more logical c. Lots of practice will make the speaker sound robotic. d. Lots of practice will make the speaker sound more natural.
Answer:
d. lots of practice will make the speaker sound more natural :)
Explanation:
Answer:
D: lots of practice will make the speaker sound more natural
Explanation: took the test
The difference between the maximum price a consumer is willing to pay and the price the consumer actually has to pay for a product is referred to as
Answer:
Consumer surplus is the difference between the highest price a consumer is willing to pay and the actual price they do pay for the good, or the market price. ... Economic surplus is calculated by combining the surplus benefit that is experienced by both consumers and producers in an economic transaction.
MetLife was able to dramatically expand its global footprint by acquiring Alico, a global player in the insurance business, from AIG in 2010 when AIG was in financial distress. This shows that not all diversification moves erode performance.
a) true
b) false
Answer:
True
Explanation:
It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally
A conventional peg refers to. Multiple Choice where the exchange rate remains within a narrow margin of 2 percent relative to a statistically identified trend for six months or more, and the exchange rate arrangement cannot be considered as floating. where the exchange rate is largely market determined without an ascertainable or predictable path for the rate. involves the confirmation of the country authorities’ de jure exchange rate arrangement. when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows.
A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows.
for better understanding lets explain what conventional peg means
conventional peg as related to when country formally (de jure) pinpoint their own currency at a fixed rate to the currency of another said country example is, from the currencies of major trading or financial partners and weights showing on the distribution of trade in different geographical zones The known backbone or anchor currency or basket weights are public or notified to the IMF and a country authorities are able to maintain the fixed parity through direct interventionFrom the above, we can therefore say that the answer A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows is correct.
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BCC Ltd purchased a machinery costing Rs 10,00,000 on January 1, 2019. A new machinery was purchased on 01, May 2020 for Rs 15,00,000 and another on July 1, 2022, for Rs 12,00,000. A part of the machinery which originally cost Rs 2,00,000 in 2019 was sold for Rs 75,000 on October 31, 2022. Show the Machinery account, from 2019 to 2022. If depreciation is provided at 10% per annum on written down value and account are closed on December 31st, every year.
The Machinery account for the years 2019 to 2022 is given below.
Machinery AccountDate Particulars Debit Credit
01/01/2019 Machinery 10,00,000
Depreciation 1,00,000
01/05/2020 Machinery 15,00,000
Depreciation 2,40,000
01/07/2022 Machinery 12,00,000
Depreciation 3,42,400
31/10/2022 Sale 75,000
Depreciation 51,600
31/12/2019 Depreciation 1,00,000
31/12/2020 Depreciation 2,40,000
31/12/2021 Depreciation 2,16,000
31/12/2022 Depreciation 3,42,400
Closing 10,98,000
How to explain the accountIt should be noted that to prepare the Machinery account, we need to record the purchase of machinery and the sale of a part of the machinery. Also, we need to calculate the depreciation on the machinery at the end of each year.
First, we need to calculate the depreciation on the machinery purchased on January 1, 2019.
Depreciation for the year 2019 = 10% of Rs. 10,00,000 = Rs. 1,00,000
Depreciation for the year 2020 = 10% of (Rs. 10,00,000 - Rs. 1,00,000) + 10% of Rs. 15,00,000 = Rs. 2,40,000
Depreciation for the year 2021 = 10% of (Rs. 10,00,000 - Rs. 1,00,000 - Rs. 2,40,000) + 10% of Rs. 15,00,000 = Rs. 2,16,000
Depreciation for the year 2022 = 10% of (Rs. 10,00,000 - Rs. 1,00,000 - Rs. 2,40,000 - Rs. 2,16,000) + 10% of Rs. 15,00,000 + 10% of Rs. 12,00,000 = Rs. 3,42,400
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