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At December 31, 2019, ArgoEx's balance sheet showed total PPE assets of $933,400 and total accumulated depreciation of $401,177 as detailed in the PPE

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At December 31, 2019, ArgoEx's balance sheet showed total PPE assets of $933,400 and total accumulated depreciation of $401,177 as detailed in the PPE Subledger below. ArgoEx calculates depreciation to the nearest whole month. Required: Complete the schedule by calculating depreciation expense for 2020 for each asset and then determining the balance of accumulated depreciation at December 31, 2020. (Do not round intermediate calculations and round the final answers to nearest whole dollar.) Cost Information Depreciation Description Date of Purchase Depreciation Method1 Cost2 Residual Life Balance of Accum. Deprec. Dec. 31, 2019 Depreciation Expense for 2020 Balance of Accum. Deprec. Dec. 31, 2020 Building Modular Furniture Truck May 2, 2014 S/L $ 740,000 $ May 2, 2014 S/L Jan. 25, 2017 DDB 104,400 89,000 295,000 10 yr 06 yr 14,500 8 yr. $ 252,167 98,600 50,410 1S/L-Straight-Line; DDB-Double-Declining-Balance. 2 There have been no disposals or betterments since the date of purchase.

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