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1. Compute the depreciation expense per year of Building A.2. Compute depreciation expense for year 1 of Equipment A3. Compute depreciation expense for year 2

1. Compute the depreciation expense per year of Building A.2. Compute depreciation expense for year 1 of Equipment A3. Compute depreciation expense for year 2 of Equipment A.4. Compute the depletion rate of the natural resource.5. Compute the depletion expense for year 1 of the natural resource.6. Compute the depletion expense for year 2 of the natural resource7. Compute depreciation expense of transportation A for year 18. Compute depreciation expense of transportation A for year 29. Compute depreciation expense of transportation A for year 3.10. Compute the annual amortization of the software.

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P Flag question The ABC Company has the following listed assets in the books: Asset No Balance Depreciation Method Residual Value Estimated Useful Life Building A 740,000 Straight Line Method 45,000 25 years Equipment A 438,000 Unit of Output Method 15,000 3,600 hours Transportation A 1,545,000 Double Declining Balance 350,000 10 years Natural resource - Mine 45,000,000 Depletion 300,000 6,000,000 ores Software 7,500,000 Amortization 15 years Assume that on the first and second year, the number of hours used for equipment A was 750 hours and 625 hours and natural resources mined were 1,450,000 and 1,750,000

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