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At what rate does Richardson Repair Services depreciate their computer equipment? Select one 100% per year 30% per year 20% per year CAPITAL ASSETS EQUIPMENT

At what rate does Richardson Repair Services depreciate their computer equipment?

Select one

100% per year

30% per year

20% per year

CAPITAL ASSETS

EQUIPMENT - Cost - Accumulated Depreciation - Net 20X9 - Net 20X8

Repair equipment - 561,862 - 426,511 -135,351 - 132,567

Computer equipment - 98,432 - 17,221 - 81,211 - 79,540

Computer software - 36,546 - 9,476 - 27,070 - 26,513

Office equipment & furniture - 134,655 - 26,374 - 108,281 -106,054

Vehicles - 213,556 - 24,065 - 189,491 - 185,594

Total: cost - 1,045,051

Total: Accumulated Depreciation - 503,647

Total: Net 20X9 - 541,404

Total: Net 20X8 - 530,268

Please show each step to solve for rate computer equipment depreciates. Thanks!

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