e. Depreciation is computed as follows: Asset Cost Buildings Office Equip. Store Equip. $900,000 246,000 112,000 Residual Acquisition Useful Life Value Date in Years $0 January 2 50 26,000 January 3 5 12,000 July 1 10 Depreciation Method Used Double-declining-balance Straight-line Straight-line Date Description Debit Credit Dec. 31 f. A patent costing $48,000 when acquired on January 2 has a remaining legal life of 10 years and is expected to have value for 8 years. Date Description Debit Credit Dec. 31 g. The cost of mineral rights was $546,000. Of the estimated deposit of 910,000 tons of ore, 50,000 tons were mined and sold during the year. Date Description Debit Credit Dec. 31 h. Vacation pay expense for December, $10,500. Date Description Debit Credit Dec. 31 i. A product warranty was granted beginning December 1 and covering a one-year period. The estimated cost is 4% of sales, which totaled $1,900,000 in December. Date Description Debit Credit Dec. 31 j. Interest was accrued on the note receivable received on October 17 ($100,000, 90-day, 9% note). Assume 360 days per year. Date Description Debit Credit Dec. 31