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EX 9-6 Straight-line depreciation Obj. A refrigerator used by a wholesale warehouse has a cost of $82,000, an estimated residual value of $6,200, and an

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EX 9-6 Straight-line depreciation Obj. A refrigerator used by a wholesale warehouse has a cost of $82,000, an estimated residual value of $6,200, and an estimated useful life of 8 years. What is the amount of the annual depreciatio computed by the straight-line method? EX 9-7 Depreciation by units-of-activity method Obj.: A diesel-powered tractor with a cost of $120,000 and an estimated residual value of $16,400 ir expected to have a useful operating life of 28,000 hours. During April, the tractor was operates 150 hours. Determine the depreciation for the month. CH ulated 5,460 0 EX 9-9 Depreciation by two methods Obj.: A Kubota tractor acquired on January 8 at a cost of $85,000 has an estimated useful life of 10 years Assuming that it will have no residual value, determine the depreciation for each of the first two years (a) by the straight-line method and (b) by the double-declining-balance method. CO $6,200 EX 9-11 Partial-year depreciation Obj. 2 Equipment acquired at a cost of $105,000 has an estimated residual value of $12,000 and ar estimated useful life of 10 years. It was placed into service on May 1 of the current fiscal year which ends on December 31. Determine the depreciation for the current fiscal year and for the following fiscal year by (a) the straight-line method and (b) the double-declining-balance method 75 EX 9-12 Revision of depreciation Obj. A building with a cost of $1,800,000 has an estimated residual value of $125,000, has an estimatec useful life of 40 years, and is depreciated by the straight-line method. (a) What is the amount o the annual depreciation? (b) What is the book value at the end of the twenty-eighth year of use If at the start of the twenty-ninth year it is estimated that the remaining life is 5 years and tha the residual value is $80,000, what is the depreciation expense for each of the remaining 5 years

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