Homework Answers
Units of output Method.
>> Depreciable asset = $ 180000 - $ 20000 = $ 160000.
>> Depreciation per mile = $ 160000 / 200000 = $ 0.8.
>> Depreciation for year -1 = 37000 * $ 0.8 = $ 29600.
>> Depreciation for year -2 = 51000 * $ 0.8 = $ 40800.
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Cost 5) The pertinent information about a piece of construction equipment follows: $180,000 Estimated Useful Life...
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A
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an estimated residual / salvage value of $ 10,000 at the end of a 7
year recovery period. Prepare a Depreciation Schedule using:
A.
Straight-Line Method
B.
Sum-of-the-Years Method
C.
200% Declining Balance Method
****please use the template in the pic to do the problem
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A
piece of construction equipment is purchased for $ 110,000 and has
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year recovery period. Prepare a Depreciation Schedule using:
A.
Straight-Line Method
B.
Sum-of-the-Years Method
C.
200% Declining Balance Method
****please use the template in the pic to do the problem
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