b

At December 31, 2019, Dynamic Exploration's balance sheet showed total PPE assets of $1,050,200 and total accumulated depreciation of $455,574 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 untermediate calculations and round the final answers to nearest whole collat) Cost information Depreciation Date of Depreciation Balance of Depreciation Description Balance of Purchase Method Cast2 Residual Life Accum. Deprec Expanse for Acoum. Deprec Dec 31, 2019 2020 Dec 31, 2020 Building May 2, 2014 SIL $ 820,000 $ 335,000 10 yrs 274,833 Modular Fumiture May 2, 2014 SIL 133,200 125,800 Truck Jan 25, 2017 97.000 18.500 8 yr 54,941 0 6 yr DDB SL-Straight-Line: DDB_Double-Declining-Balance 2 There have been no disposals or betterments since the date of purchase