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can you please solve this question correctly and answer the question in the same format with proper calculation. Coronado Industries Ltd., a public company, presents
can you please solve this question correctly and answer the question in the same format with proper calculation.
Coronado Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2024. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to decimal places, eg. 5,275.) Date Purchased Residual Value Description Life in Years Acci Dep Dec Depreciation Method Cost Machine A Dec. 2. 2022 $180,000 $14,000 10 Machine B Aug. 15, 2021 19.000 5 Straight-line Machine July 21, 2020 72,000 23,000 8 Double-declining-balance Coronado Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2024. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to decimal places, e.g. 5,275.) Residual Value Life in Years Depreciation Method Accumulated Depreciation to Dec. 31, 2023 Depreciation for 2024 $14,000 0.000 10 $ $50,400 19.000 5 Straight-line 28,000 2,000 23,000 8 Double-declining-balanceStep by Step Solution
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