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At December 31, 2019. Dynamic Exploration's balance sheet showed total PPE assets of $802.000 and total accumulated depreciation of $339,980 as detailed in the PPE

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At December 31, 2019. Dynamic Exploration's balance sheet showed total PPE assets of $802.000 and total accumulated depreciation of $339,980 as detailed in the PPE subledger below. Dynamic 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 Description Date of Purchase Depreciation Method Cost2 Residual Life Depreciation Balance of Balance of Depreciation Accum. Expense for Accum Deprec 2020 Deprec Dec 31, 2019 Dec 31, 2020 S 226,667 s 40.000 $ 205,667 68,000 45313 s $ Building Modular Furniture Truck May 2, 2014 May 2, 2014 Jan 25, 2017 SIL SIL DDB 850.000 72.000 80.000 250,000 10 yr 10,000 8 yr

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