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24. The table below contains data on depreciation for machinery. Required: Fill in the missing information. Acquisition Date 1/1/11 1/1/11 1/1/11 1/1/12 Cost $100.000 $100,000
24. The table below contains data on depreciation for machinery. Required: Fill in the missing information. Acquisition Date 1/1/11 1/1/11 1/1/11 1/1/12 Cost $100.000 $100,000 $330,000 Accumulated Depreciation 12/31/13 $90.000 Depreciation 2012 $10,000 $27,000 Depreciation 2013 $10,000 $18,000 $80,000 Book value. 12/31/12 $140.000 $37,000 Book value. 12/31/13 $70.000 Estimated service life 6 4 5 Estimated salvage value SO $10,000 Depreciation method Straight-line Sum-of Years
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