1.- Manufacturing equipment was acquired for $12,000. The book value of this equipment after 3 years of depreciation using declining balance with a rate of 30% is close to ........ ?

2.- On July 1, 2010 Sarah paid $100,000 for a greenhouse and an additional $50,000 for the land on which the greenhouse stands. Compute the UCC at the end of year 2.

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1.- Manufacturing equipment was acquired for $12,000. The book value of this equipment after 3 years of depreciation using declining balance with a rate of 30% is close to ........ ? 2.- On July 1, 2010 Sarah paid $100,000 for a greenhouse and an additional $50,000 for the land on which the greenhouse stands. Compute the UCC at the end of year 2. 3.- The depreciation schedule for certain equipment has been arrived at by various methods. The estimated salvage value of the equipment at the end of its 7 year useful life is $700. Identify the resulting depreciation schedules. Year A B C D 1 $1,329 $2,325 $2,857 $3,161 2 $1,329 $1,993 $2,041 $2,162 3 $1,329 $1,661 $1,458 $1,478 4 $1,329 $1,329 $1,041 $1,011 5 $1,329 $ 996 $ 744 $ 692 6 $1,329 $ 664 $ 531 $ 473 7 $1,329 $ 332 S 379 $ 323 Question 7-3: Which scheme represents SOYD depreciation? A B C D Question 7-4: Which scheme represents DB depreciation? A B C D Question 7-5: The DB depreciation rate is close to? 25% 28% 32% 30% Question 7-6: Which scheme represents SL depreciation? A B C D Question 7-7: Which scheme represents DDB depreciation? A B C D