Acadia Inc. owns the following long-lived assets: Asset Vehicles Equipment Date Purchased Jan. 1, 2017 July 1, 2018 Cost $40,500 22,000 Estimated Useful Life 3 years 5 years - Your answer is partially correct. For each asset, calculate its accumulated depreciation and carrying amount at December 31, 2018. Vehicles Equipment 2200 Accumulated depreciation $ 13500 13500 $ Carrying amount $ 27000 $ 19800 List of Accounts