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CP943 (similar to) Question Help * Amy and Zeus Walker are continuing to review business practices, Currently, they are reviewing plant, and equipment and have

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CP943 (similar to) Question Help * Amy and Zeus Walker are continuing to review business practices, Currently, they are reviewing plant, and equipment and have gathered the tollowing information EEB (Click the icon to view the information ) Read the tequirements Requirement 2. For each asset, determine the book value as of December 31, 2018 Then, calculate the depreciation expense for the first sax months of 2019 and the book value as of June 30, 2019 following step we will complete the table for the first six months of 2019 for all assets placed in service prior to June 30, 2019. (Complete all answer boxes Enter a "0 for any zero balances. Abbreviations used Accum Accurmulated, Depr Depreciation, Exp Expense ) Accum. Depr Depr. Dec. 31, Dec. 31, 2018 Book 2018 Value Acquisition Date Asset Cost Expense 2018 Canoes Land Building Canoes Computer Nov 3, 2018 $ 8,160 Dec 1, 20118 Dec 1,2018 249,000| Dec 2, 2018 6.7201 Mar 2, 20189 05,000 | ][ 2,700 Enter any number in the edit fields and then click Check Answer 2 Clear All Check Answer plant, and equipment and have gathered the following information Data Table Monthly Estimated Acquisition Estimated Residual Depreciation Depreciation lueMethod Expense Asset Date Cost Life Value 170 Canoes Nov 3, 2018 $8,160 4 years Dec. 1, 2018 105,000 Dec. 1, 2018 249,000 20 years Dec. 2, 2018 Mar. 2, 2019 0 SL S Land n/a 9,000 S Building Canoes Computer Office Furniture Mar 3, 2019 * SL Straight-line, DDB Double-declining-balance 1,000 6,720 4 years 2,700 6 years 3,220 8 years 0 SL 140 400 DDB SL 1,300 Print Done Enter anv number in the edit fields and then click Check

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