A) Straight line depreciation = (Cost - Salvage value) /Useful life
2010 = (300,000-60,000)/10 = 24,000
2011 = 24,000
B) Double declining rate = 200/useful life = 200/10 = 20%
2010 = 300,000*20% = 60,000
2011 = (300,000-60,000)*20% = 48,000
C) Depreciation per output = (300,000-60,000)/30,000 = 8
2010 = 2600*8 = 20,800
2011 = 6000*8 = 48,000
On January 1, 2010, Dreamland Park purchased a ferris wheel for $300,000. The estimated life of...
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