Question: 1. A laser surgical tool has a cost of $200,000 and a five-year depreciable life. The estimated salvage value of the laser is $20,000 at the end of five years. Determine the annual depreciation amounts using the Straight-Line Depreciation Method. Tabulate the annual depreciation amounts and the book value of the laser at the end of each year.
2. A number of years ago, ISO standards 9000 series were developed to promote work quality by standardizing engineering design, testing, production and other procedures. How many ISO standards are there and how well have these standards been accepted in the United States?
The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.