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Davenport Companies
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davenport company purchased a crane on june 15, 2008. the invoice cost was $1,000,000. the dales tax was $70,0
davenport company purchased a crane on june 15, 2008. the invoice cost was $1,000,000. the dales tax was $70,000, the delivery charges were $5,000. all items were paid in cash. davenport ues straight-line deprciation. they project a 5 year life and a $50,000 salvage value. the carne was sold on march 4, 2011 for $300,000.
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