29. Know what to inchide in the acquisition cost of an asset. 30. Know how to treat expenditures after acquisition. 31. Undentand depreciable cost and apply it. 32. Understand why companies deprediate assets. 33. Know how to determine, for any year, depreciation expense, accumulated depreciation, book value using the three depreciation methods istraight--line. declinine balance, and activity based method 34. Be able to do partisl vear depreciation with straight-line depreciation or activity-based method 35. Know how to retire an asset and determine if a gain or loss evists 36. Ee able to compute the profit margin (net proft markin)