121 A Question 1: Property Plant & Equipment (8 marks) Make sure you scroll down to the bottom of each worksheet until you see "End of Question * This will ensure you've answered all parts! Management has provided you with the following fixed asset schedule and needs some assistance with the calculation depreciation expense and accumulated depreciation 2 5 6 7 Required: Calcutate depreciation expense and ending accumulated depreciation for 2001 cells noted in blue in column Handt). le ASSET COST ASSET DESCRIPTION DEP'N POLICY USEFUL LIFE EST RESIDUAL VALUE Beginning Accumulated Depreciation 2021 Depreciation expense Ending Accumulated Depreciation 120 Building - 56 avenue Packaging Machine Office furniture Computers straight line units of production straight line double diminishing balance 25 years 300,000 units 10 years 5 years 40,000 20,000 4,000 1,000 119,100.00 79,197.00 140,000.00 50,000.00 88,900.00 53,340.00 55,000.00 27,500.00 403,000.00 $ 210,037.00 $ If you during cante imme You com the sec Units Produced by the packaging machine in 2021 20,000 use the space below to work through your calculations (this will not be graded): sus