8.2

Hi. Friends.

Looking to see how the numbers are derived and an explanation.

Thanks.

See Attatchment.

lyryx Spreadsheet Print Preferences Help Lab 8.2 (Question 2) Name: Fiona Murton Cabrera Date: 2020-10-19 Question 2 [9 points] At December 31, 2013 Zcom Inc.'s balance sheet showed plant and equipment information as detailed in the schedule below. Zcom Inc. calculates depreciation to the nearest whole month. Please complete the schedule. Round depreciation per unit of production to the nearest cent. Cost Information Depreciation Accum. Dep. Dep. Expense Accum. Dep. Description Purchase Date Depreciation Method Cost Residual Life Dec. 31, 2013 for 2014 Dec. 31, 2014 Equipment September 3, 2011 Straight-line 226,000 10,000 10 years Machinery November 1, 2013 Double-declining balance 240,000 10,000 10 years Trucks September 5, 2012 Units of production 536,950 10,000 1, 171,000 km There have been no disposals or subsequent capital expenditures on the asset since the date of purchase. The kilometres the truck was actually driven were as follows: 2012 : 227,000 2013 : 384,000 2014 : 462,000 For simplicity, assume that the asset is depreciated as an individual item and will not be broken down into parts and depreciated. Official Time: 8:43:03 SUBMIT AND MARK