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Dynamic Exploration's balance sheet showed total PPE assets of $802,000 and total accumulated depreciation d in the PPE Subledger below. Dynamic calculates depreciation to the
Dynamic Exploration's balance sheet showed total PPE assets of $802,000 and total accumulated depreciation d in the PPE Subledger below. Dynamic calculates depreciation to the nearest whole month. Cost Information Date of Purchase May 2, 2017 May 2, 2017 Jan.25, 2020 Depreciation Method equipment: S/L S/L DDB DYNAMIC EXPLORATION Partial Balance Sheet December 31, 2022 Cost2 Residual $650,000 $250,000 72,000 0 80,000 10,000 DDB-Double-Declining-Balance. ho disposals or subsequent capital expenditures since the date of purchase. ********* Seve&Exit Submi Depreciation Balance of Accum. Deprec. Dec. 31, 2922 $226,667 68,000 45,313 15C Su
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