Estimated Year 1-Monthly Acquisition Estimated Residu Depreciation Depreciation Asset Date Cost Life Value Method DDB SL Expense 10,500 5 years 4,640 6 years Computer Office Furniture Mar. 3, 2019 Requirement 2. For each asset, determine the book value as of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019 Begin by completing the table by entering the amounts for 2018 for the assets placed in service during 2018. In the following step we will complete the table for the first six months of 2019 for all assets placed in Mar. 2, 2019 900 1,400 service prior to June 30, 2019 (Complete all answer boxes. Enter a "0" for any zero balances. Abbreviations used: Accum Accumulated: Depr = Depreciation; Exp = Expense.) Book Value 2019 Value Depr. Exp. Depr Dec. 31 Dec. 31, Through Jun. 30, Jun. 30 Jun. 30 Accum. Book Accum. 2018 Depr Acquisition Date Asset Cost Expense 2018 2018 2019 2019 Canoes Land Building Canoes Computer Office Furniture Nov. 3, 2018 Dec. 1, 2018 Dec. 1, 2018 Dec. 2, 2018 Mar. 2, 2019 Mar. 3. 2019 6,720 65,000 134,000 8,640 10,500 4,640 Estimated Monthly Acquisition Estimated Residual Depreciation Depreciation Asset Date Cost Life Value Method* SL n/a SL SL DDB SL Expense Canoes Land Building Canoes Computer Office Furniture Mar. 3. 2019 SL Straight-line; DDB Double-declining-balance 140 Nov. 3, 2018 6,720 4 years Dec. 1, 2018 Dec. 1, 2018 Dec. 2, 2018 Mar. 2, 2019 65,000 134,000 10 years 8,640 4years 10.500 5 years 4,6406 years 14,000 1,000 180 900 1,400 Estimated Year 1-Monthly Acquisition Estimated Residu Depreciation Depreciation Asset Date Cost Life Value Method DDB SL Expense 10,500 5 years 4,640 6 years Computer Office Furniture Mar. 3, 2019 Requirement 2. For each asset, determine the book value as of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019 Begin by completing the table by entering the amounts for 2018 for the assets placed in service during 2018. In the following step we will complete the table for the first six months of 2019 for all assets placed in Mar. 2, 2019 900 1,400 service prior to June 30, 2019 (Complete all answer boxes. Enter a "0" for any zero balances. Abbreviations used: Accum Accumulated: Depr = Depreciation; Exp = Expense.) Book Value 2019 Value Depr. Exp. Depr Dec. 31 Dec. 31, Through Jun. 30, Jun. 30 Jun. 30 Accum. Book Accum. 2018 Depr Acquisition Date Asset Cost Expense 2018 2018 2019 2019 Canoes Land Building Canoes Computer Office Furniture Nov. 3, 2018 Dec. 1, 2018 Dec. 1, 2018 Dec. 2, 2018 Mar. 2, 2019 Mar. 3. 2019 6,720 65,000 134,000 8,640 10,500 4,640 Estimated Monthly Acquisition Estimated Residual Depreciation Depreciation Asset Date Cost Life Value Method* SL n/a SL SL DDB SL Expense Canoes Land Building Canoes Computer Office Furniture Mar. 3. 2019 SL Straight-line; DDB Double-declining-balance 140 Nov. 3, 2018 6,720 4 years Dec. 1, 2018 Dec. 1, 2018 Dec. 2, 2018 Mar. 2, 2019 65,000 134,000 10 years 8,640 4years 10.500 5 years 4,6406 years 14,000 1,000 180 900 1,400
