question archive 2) On January ?1, Alamo Cranes purchased a crane for $ 140 comma 000
Subject:AccountingPrice: Bought3
2) On January ?1, Alamo Cranes purchased a crane for $ 140 comma 000. Alamo expects the crane to remain useful for six years ?(1 comma 000 comma 000 ?lifts) and to have a residual value of $ 2 comma 000. The company expects the crane to be used for 80 comma 000 lifts the first year.