Question

depreciation-subsequent capital expenditure LO.q 0S 3 13 Revised Ctering Com rtable barbecue with a book value of $7,000 at its electronic rotisserie unit costing S1,000 was on January 3 and the revised de barbecue The barbecue had an estimated remain ats year end The barbecue had n rale On lauary 3,2017, a cust Company had a deluxe, e of five years and a $200 est added to e depreciation on the bart ing useful life five the quality of the barbecuing process. The rot value. rotisserie had an estimated lifeo isserie had Record the additiose and that it represents a significant e and no resicua! er 31. Assume cash was paid for the rotisserie and that it re 4 Impairment losses LO5 texpenditire

Please full calculation and explanation.

Answer 1