Can rebuilt motors be depreciated?

Question

Can rebuilt motors be depreciated?

Answer 1

for accounting purposes? YES

Answer 2

Yes is the rebuild extendeds the life of the equipment. This is a common practice in the mining industry. The rebuild cost is normally depreciated over the amount of time the life is extended. If it is a purchase of a rebuilt motor the purchase price can be depreciated.

Answer 3

it depends on who rebuilt them