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Coronado SA purchased a piece of equipment that cost R$206,040 on January 1, 2022. The equipment has the following components Asset B Cost R$71.400 51,000
Coronado SA purchased a piece of equipment that cost R$206,040 on January 1, 2022. The equipment has the following components Asset B Cost R$71.400 51,000 83,640 Residual Value R$7,140 5,100 4,080 Estimated Useful Life 10 years 5 years 12 years Compute the depreciation expense for this equipment at December 31, 2022. Depreciation expense R$ 2632 Splish Corporation purchased a truck at the beginning of 2022 for $63,000. The truck is estimated to have a residual value of $2,520 and a useful life of 201,600 miles. It was driven 28,980 miles in 2022 and 39,060 miles in 2023. Compute depreciation expense for 2022 and 2023. $ Depreciation expense for 2022 Depreciation expense for 2023 $ Current Attempt Sheridan A. purchased a piece of equipment at the beginning of 2019. The equipment cost $461,840. It has an estimated service life of 8 years and an expected residual value of 164,400. The sum of the years digits method of depreciation is being used, Someone has already correctly prepared a depreciation schedule for this asset. This schedule shows that t55,200 will be depreciated for a particular calendar year, Determine for what particular year the depreciation amount for this asset will be t55,200. Year of depreciation Cullumber SA has equipment with a carrying amount of 742,000. The value-in-use of the equipment is 747,300, and its fair value less cost of disposal is 625,400. The equipment is expected to be used in operations in the future. What amount (if any) should Cullumber report as an impairment to its equipment? Impairment to be reported Coronado SA purchased a piece of equipment that cost R$206,040 on January 1, 2022. The equipment has the following components Asset B Cost R$71.400 51,000 83,640 Residual Value R$7,140 5,100 4,080 Estimated Useful Life 10 years 5 years 12 years Compute the depreciation expense for this equipment at December 31, 2022. Depreciation expense R$ 2632 Splish Corporation purchased a truck at the beginning of 2022 for $63,000. The truck is estimated to have a residual value of $2,520 and a useful life of 201,600 miles. It was driven 28,980 miles in 2022 and 39,060 miles in 2023. Compute depreciation expense for 2022 and 2023. $ Depreciation expense for 2022 Depreciation expense for 2023 $ Current Attempt Sheridan A. purchased a piece of equipment at the beginning of 2019. The equipment cost $461,840. It has an estimated service life of 8 years and an expected residual value of 164,400. The sum of the years digits method of depreciation is being used, Someone has already correctly prepared a depreciation schedule for this asset. This schedule shows that t55,200 will be depreciated for a particular calendar year, Determine for what particular year the depreciation amount for this asset will be t55,200. Year of depreciation Cullumber SA has equipment with a carrying amount of 742,000. The value-in-use of the equipment is 747,300, and its fair value less cost of disposal is 625,400. The equipment is expected to be used in operations in the future. What amount (if any) should Cullumber report as an impairment to its equipment? Impairment to be reported
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