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A human life is worth $6.2 million, Amar said, referring to a value that was used by EPA in the past. What do you need -- about 150 people to die? And that's a billion dollars.
1 On July 1, 2013 a company purchases equipment having a cost of $10,500. 2  The company estimates that the equipment will have a useful life of 5 years. 3  At the end of its useful life, the company expects to sell the equipment for $500. 4  The company wants the depreciation to be reported evenly over the 5-year life.