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(16 points) Consider the purchase of a new combine. The specific information is. Purchase price = $750,000.00 Purchase date = Jan 1, 2019 Useful life

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(16 points) Consider the purchase of a new combine. The specific information is. Purchase price = $750,000.00 Purchase date = Jan 1, 2019 Useful life = 5 years Salvage value = $100,000.00 Complete each depreciation table. Note: each highlighted box is worth 1 point for a total of 16 points possible a. Fill in the table using the straight-line method b. Fill in the table using the straight-line method if the purchase date was October 1, 2018 Remaining value at Remaining value Year beginning of year Depreciation end of year 2019-Oct 1 to Dec 31 2020 2021 2022 2023 2024-Jan 1 to Sept 30 Page 2 of 4

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