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2 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.
2 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 S 32,000 5 DDB $ 39,000 B 64,000 8 SL 5,700 C 89,000 9,000 SL 5,000 D 254,000 22,000 10 23,200 E 212,000 32,000 8 DDB
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