A. Given the following X-Corp.'s financial information regarding their fixed (physical) assets, perform the following analysis by applying appropriate techniques/methods where necessary in C. Keep in mind that it is absolutely essential for you to figure out even the highlighted areas other than questions, though not directly asked, to correctly perform the task. The answer choices are found at the end of the problem group.

Cost Salvage Value Life ( in yrs Weight * Dep Amount(Expense) =1/Life*(1.25~2)*BV

$ 31,000.00 $ 1,000.00 3 2

Depreciation Skdl

Year BV @YR Beg Depreciation Rate Depreciation Amount Accumulated Depreciation BV @YR End

1 $31,000.00 66.67% $ 20,666.67 $ 20,666.67 $ 10,333.33

2 $ 10,333.33 66.67% $ 6,888.89 $ 27,555.56 $ 3,444.44

3 $ 3,444.44 66.67% 2,444.45 Q1 Q2

a. 23,600.00 b. 17,962.22 c. 1.90 d. 30,000.00 e. 1,000.00