Questions and Answers* PwC
Salvage value: Cost of removal (no legal obligation) (450) Cost of disposal (legal obligation) (50) Salvage value 1,500 Net salvage value 1,000 Net depreciable value 19,000 Estimated depreciable life 19 yrs Upon adoption of FIN 47, it is assumed that the Company has reclassified the cost of removal and disposal to a regulatory liability. In ...