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COSE Information Check Description Building Modular Furniture Truck cost? Date of Purchase May 2, 2014 May 2, 2014 Jan 25, 2017 Depreciation Hethod S/L S/L

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COSE Information Check Description Building Modular Furniture Truck cost? Date of Purchase May 2, 2014 May 2, 2014 Jan 25, 2017 Depreciation Hethod S/L S/L DDB Residual $830,000 $340,000 136,800 98.000 19,000 Life 10 yrs Depreciation Balance of Accum. Deprec. Dec 31, 2019 $277.667 129,200 55,500 6 yr: 8 yr. 1S/L-Straight-Line, DDB-Double-Declining-Balance 2 There have been no disposals or subsequent capital expenditures since the date of purchase Assume that the only other assets at December 31, 2019, were total current assets of $356,000. Prepare the asset section of Dynamic Exploration's classified balance sheet at December 31, 2019 $ DYNAMIC EXPLORATION Partial Balance Sheet December 31, 2019 Assets Current assets Property, plant and equipment: Furniture Less: Accumulated depreciation Building 356 000 NE +

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