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At December 31, 2019, Dynamic Exploration's balance sheet showed total PPE assets of $933,400 and total accumulated depreciation of $401177 as detailed in the PPE

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At December 31, 2019, Dynamic Exploration's balance sheet showed total PPE assets of $933,400 and total accumulated depreciation of $401177 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 Method1 Dupreciation Balance of Depreciation Cost2 Residual Life Accum. Deprec. Expense for Dec 31, 2019 2020 740.000 $ 295 000 10 y $ 252.167 104.400 06 y 98.600 89 000 14 500 By 50 410 Balance of Accum, Deprec Dec 31, 2020 5 Building Modular Furniture Truck May 2, 2014 May 2 2014 Jan 25, 2017 SIL S/L DDB SL-Straight Line: DDB-Double Declining Balance 2 There have been no disposals or betterments since the date of purchase

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