Homework Answers
1a) Straight line = (22000000-5750000/5) = 3250000
Unit of production = (22000000-5750000/5325000*875000) = 2670188
Double decline = 22000000*40% = $8800000
2) Calculate carrying value
| Carrying amount | Straight line | Unit of production | Double decline |
| Cost | 22000000 | 22000000 | 22000000 |
| Less: Accumulated depreciation | -3250000 | -2670188 | -8800000 |
| Carrying amount | 18750000 | 19329812 | 13200000 |
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