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Capitalization Policy and Depreciation Policy for Capital ,, Equipment Equipment qualifying as a capital asset is defined as a single item with an acquisition cost of $5,000 or more and has a useful life beyond one year Capitalization of equipment costs include but are not limited to, the following:Original contract or invoice ,Mining Vehicle Wash Equipment, Haul Trucks Washing ,, Mining Equipment are subject to harshest conditions and general washing principles do not hold true in case of cleaning of Mining Equipment KKE has done cleaning systems for regular trucks which exit the mines and also the Monster Haul Trucks and Heavy Duty Excavation CranView 1,374 Mining Machines & Equipment | Machines4u, 05 Mar,2020 - Buying a used excavator is a great way to get a quality machine without spending a huge amount of money Excavators will generally have a long lifespan, with many machines often lastings 10+ with proper care and maintenance3 CALCULATION OF MACHINE RATES, For equipment that works very few hours per day, the derived equipment lives may be very long and local conditions should be checked for the reasonableness of the estimate 333 Salvage Value (S) This is defined as the price that equipment can be sold for at the time of its disposal Used equipment rates vary widely throughout the worldCleaning Services Market Size, Share and Growth Analysis ,, Construction and mining are the other sectors which showed huge demand for debris cleaning According to the US Census Bureau, a consistent rise in demand for construction activities has been noticed in the global market, due to rise in construction of highways, streets, and bridges which has led to increase in demand for equipment refinement.