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.

Residual

Assets Cost Value Useful Life Depreciation Method

Office Equipment $150,000 $ 5,000 5 years Straight-line

Building $280,000 $30,000 20 years Double-declining balance

Delivery truck $125,000 $25,000 10 years Units-of-production

** Show your math**

2021 2022

a. Office equipment ___________________ ___________________

b. Building ___________________ ___________________

c. Delivery equipment ___________________ ___________________