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Amazon.com, Inc. is analyzing its depreciation expenses for the fiscal year ending December 31, 20X9. The following data is provided: Initial Cost of Equipment:

Amazon.com, Inc. is analyzing its depreciation expenses for the fiscal year ending December

31, 20X9. The following data is provided:

● Initial Cost of Equipment: $15,000,000

● Salvage Value: $2,000,000

● Useful Life: 5 years

● Depreciation Expense for the Year: [Calculation 5]

● Accumulated Depreciation at the End of Year 3: [Calculation 6]

Calculate the following:

a) Annual Depreciation Expense b) Double Declining Balance Depreciation for Year 2 c) Book

Value of the Equipment at the End of Year 2 d) Gain or Loss on Disposal if Sold for $7,000,000

at the End of Year 4

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