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current Auteriept in Proeress Here are welected 2022 arcactions of Splich Brothers lnc. 3an. 1 fetired a plece of euchinery that was purchased on january

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current Auteriept in Proeress Here are welected 2022 arcactions of Splich Brothers lnc. 3an. 1 fetired a plece of euchinery that was purchased on january 1.2012. The machine cont $64,400 and had a usefil life of 10 vears with no salvage value Jume to Sold a computer that was purchaved on january 1.2020. The computer cont $43.500 and had a useful if of 3 vears with ne valvage value. The comenter was sold for $6,300cash. Dec. 31 Soldadelivery truck for $9,900 canh. The truck cost $30,200 when it was purciused on January 1.2019, and was depreciated based on a 5 -year usefullife with a $3,000 salvage vatue. Wearallge all eneries required on the above dafes, induding entries to update depreciation on assets diposed of where applicabie. Selish Brothers inc. uses straight-4ne depreciation. (Awsume depreciation is up to dute as af December 31. 2021) icredit account siles

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