Danny Dimes Construction Company acquired the following plant assets on January 1, 2021. The delivery truck was driven for 12,000 miles in 2021 and 20,000 miles in 2022; of its useful estimated life of 100,000 miles. Compute depreciation for each of the assets for 2021 and 2022 only. Assets Office Equipment Building Delivery truck ** Show your math** a. b. C. Cost $150,000 $280,000 $125,000 Office equipment Building Delivery equipment 2021 Residual Value $5,000 $30,000 $25,000 Useful Life 5 years 20 years 10 years I Depreciation Method Straight-line Double-declining balance Units-of-production 2022

QUESTION #4 (21 POINTS) Danny Dimes Construction Company acquired the following plant assets on January 1,2021 . The delivery truck was driven for 12,000 miles in 2021 and 20,000 miles in 2022; of its useful estimated life of 100,000 miles. Compute depreciation for each of the assets for 2021 and 2022 only. \begin{tabular}{lllll} & \multicolumn{4}{l}{} \\ Assets & Cost & Residual & & \\ \hline Oalue & Useful Lfe & Depreciation Method \\ Building & $150,000 & $5,000 & 5 years & Straight-line \\ Delivery truck & $280,000 & $30,000 & 20 years & Double-declining balance \\ & $125,000 & $25,000 & 10 years & Units-of-production \end{tabular} Show your moth = 2021 2022 a. Office equipment b. Building c. Delivery equipment QUESTION #4 (21 POINTS) Danny Dimes Construction Company acquired the following plant assets on January 1,2021 . The delivery truck was driven for 12,000 miles in 2021 and 20,000 miles in 2022; of its useful estimated life of 100,000 miles. Compute depreciation for each of the assets for 2021 and 2022 only. \begin{tabular}{lllll} & \multicolumn{4}{l}{} \\ Assets & Cost & Residual & & \\ \hline Oalue & Useful Lfe & Depreciation Method \\ Building & $150,000 & $5,000 & 5 years & Straight-line \\ Delivery truck & $280,000 & $30,000 & 20 years & Double-declining balance \\ & $125,000 & $25,000 & 10 years & Units-of-production \end{tabular} Show your moth = 2021 2022 a. Office equipment b. Building c. Delivery equipment