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E8-3 Computing and Recording Cost and Depreciation of Assets (Straight-Line Depreciation) LO8-2, 8-3 The foloing auon apples to the quesions displayed below Shahia Company bought

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E8-3 Computing and Recording Cost and Depreciation of Assets (Straight-Line Depreciation) LO8-2, 8-3 The foloing auon apples to the quesions displayed below Shahia Company bought a building for $73.000 cash and the land on which it was located for S19,000 cash. The company paid transter costs or $14.000 ($3,000 for the building and $11.000 for the landi. Renovation costs on the buiding were $30.000. 11.11 points E8-9 Computing Depreclation under Alternative Methods LO8-3 Shining Cooka Inc in Murtr- boro TN bau a na w i e raam makarat tha ben ning at tha ynar at cos t of S2 4 000 lha Rsthatad sat ta v a s tour yaare and the residua valua as 580 Aasumat at tha as mated productt ot tha na hina was 10 uu hours Actual annual usa was 4 HO separate depreciation schedule for each of the alternative methods (Do not round intermediate calculations.) a Straight-ina b. Uinits-of-production (use four dacimal placas for the par unit ouput factor

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