Answer:
Hence, utilizing linear depreciation gives us 17222.22.
Step-by-step explanation:
The boat's initial value is noted to be $250,000.
The straight-line depreciation method for calculating a boat is as follows:
Cost of the boat is $250,000.
Deep Blue anticipates selling it for $95,000 after 9 years.
Employing the formula, we calculate:
(250000-95000)/9=155000/9=17222.22
Thus, the outcome using linear depreciation is 17222.22.