answer 5-13

a Use the following to answer questions 5 - 15 JRM Property Management purchased a fleet of new mowers for an acquisition cost of $159,000. The company estimates the equipment will have a residual value of $25,000 when they are done using the mowers at the end of five years or about 100,000 machine hours. Answer 5 - 8 based on Straight line depreciation 5. S Book value at the end of year 3 6. S Year 4 depreciation expense 7. $ Accumulated depreciation for year 4 8. $ Book value at the end of year 4 Answer 9 - 13 based on 180% declining balance (work the entire problem before rounding to the nearest dollar) 9. $ Year 2 depreciation expense (round to nearest dollar) 10. $ Accumulated depreciation for year 2 (round to nearest dollar) 11. $ _Book value at the end of year 2 (round to nearest dollar) 12. $ Accumulated depreciation for year 3 (round to nearest dollar) 13. $ Year 5 depreciation expense (round to nearest dollar)