Copy.
Thirty 30-ton Goods Wagons bought in 1920.
ᄒᄒ
Total cost .
Each cost
÷ ÷
39
$231,389.71
$7,713.00 (average cost).
Depreciation at 4% per annum from July, 1920 up to October, 1923, held up by the Chinese Section.
Depreciation 1920 July - 1921 June $7,713.00 @ 4% = $308.52
#
-
1921 July 1922 June
#1
#1
= $308.52
#
1922 July
1923 June
#
#1
= $308.52
1923 July
1923 Oct.
#t
#1
=
$102.84
Total depreciation
$1.028.40
Original cost...
$7,713.00
Less depreciation.
• •
1,028.40
Estimated value of Wagon No.71...... $6,684.60
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