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Ajarn Pete buys a new laptop; for gaming, costing $212,600 with a four-year life and an estimated $15,000 resell value at the end of its
Ajarn Pete buys a new laptop; for gaming, costing $212,600 with a four-year life and an estimated $15,000 resell value at the end of its life when Ajarn Pete will upgrade to a new model. He buys, and installs the computer at his apartment n January 1. (The computer must not be depreciated below its estimated residual value.) Required: Compute depreciation for each year and total depreciation of all years combined) for the computer under each depreciation method. (Do not round your intermediate calculations. Omit the "S" sign in your response.) Double declining Year Straight-Line balance $ 49,400 $ 2 49,400 3 49,400 4 49,400 1 Totals $ $ $
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