Question

Exercise 11-12 In 1990, Bramble Company completed the construction of a building at a cost of $2,380,000 and first occupied it in January 1991. It was estimated that the building will have a useful life of o years and a salvade value of $71.-400 at the end of that time. Early in 2001, an addition to the building was constructed at a cost of $595,000. At that time,. it was estimated that the remaining life of the building would be, as originally estimated an additional 30 vears, and that the addition would have a life of 30 years and a salvage value of $23,800 In 2019, it is determined that the probable life of the building and addition will extend to the end of 20S0, or 20 years beyond the original estimate Using the straight-line method, compute the annual depreciation that would have been charged from 1991 through 2000. Annual depreciation from 1991 through 2000 yr. SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Compute the annual depreciation that would have been charged from 2001 throuph 2018 Annual depreciation from 2001 through 2018

This question has 4 parts to it, presented on both pictures. thank you.

Answer 1

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