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2nd table & depreciation rate please! ABM130-001 Fall 2018 points) Consider the purchase of a new combine. The specifie information is: 6. (16 Purchase price

2nd table & depreciation rate please! image text in transcribed
ABM130-001 Fall 2018 points) Consider the purchase of a new combine. The specifie information is: 6. (16 Purchase price $750,000.00 Useful life- 5 years Purchase date- Jan 1, 2018 Salvage value $150,000.00 Complete each depreciation table. Note: each highlighted box is worth I point - for a total of 16 points possible Fill in the table using the straight-line method Remaining value at beginning of Remaining value at end of year Year 2018 2019 2020 2021 2022 ation 5120,000 70,000 50,000 Fill in the table using the straight-line method if the purchase date was October 1, 2018 Remaining value at Remaining value at2 Year inning of yearDepreciation of year 12 2018- Oct 1 to Dec 31 720002 2019 2020 2021 2022 20.000 2023- Jan I to Sept 30 9/12 Fill in the table using the 125 Declining Balance method, purchase date was Jan. 1, 2018 What is the deprecation rate? Remaining value at beginning of year Depreciati Remaining value at Year 2018 2019 2020 2021 2022 of year Page 2 of 3

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