calculate its accumulated depreciation and carrying amount at december 31st 2018

(b) For each asset, calculate its accumulated depreciation and carrying amount at December 31, 2018. Vehicles Equipment Accumulated depreciation $ Carrying amount Exercise 4-5 (Part Level Submission) Acadia Inc. owns the following long-lived assets: Asset Date Purchased Cost Estimated Useful Life Vehicles Equipment Jan. 1, 2017 July 1, 2018 $33,000 12,000 3 years 5 years