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Farm Machinery
Machinery
Deere or Fendt
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<blockquote data-quote="ollie989898" data-source="post: 6627993" data-attributes="member: 54866"><p>Can you please explain how you are getting the 60K as a figure from your calculations? We don't know the value of the 140K tractor second hand, although we <em>do</em> know that the earlier one cost 110K new and was sent on for 80K giving 35K depreciation- I think most of us would agree with that. Where I am puzzled is your 60K figure- he can't realise any loss (or gain) on the new tractor as it has not gone on yet?</p></blockquote><p></p>
[QUOTE="ollie989898, post: 6627993, member: 54866"] Can you please explain how you are getting the 60K as a figure from your calculations? We don't know the value of the 140K tractor second hand, although we [I]do[/I] know that the earlier one cost 110K new and was sent on for 80K giving 35K depreciation- I think most of us would agree with that. Where I am puzzled is your 60K figure- he can't realise any loss (or gain) on the new tractor as it has not gone on yet? [/QUOTE]
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Farm Machinery
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Deere or Fendt
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