For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are...
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For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for straight-line and DDB for double-declining-balance. Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar. Asset Cost Residual Value Service Life (Years) Depreciation Method Depreciation (Year 2) A $ 20,000 5 DDB $ 24,000 B 40,000 8 SL 4,500 65,000 5,000 SL 6,000 D 230,000 10,000 10 SL 22,000 E 200,000 20,000 8 DDB For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for straight-line and DDB for double-declining-balance. Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar. Asset Cost Residual Value Service Life (Years) Depreciation Method Depreciation (Year 2) A $ 20,000 5 DDB $ 24,000 B 40,000 8 SL 4,500 65,000 5,000 SL 6,000 D 230,000 10,000 10 SL 22,000 E 200,000 20,000 8 DDB
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