Ex1: On January 1, 2015, Dhofar Corporation purchase machinery at Omr 200000 on cash, Dhofar decided using the straight-line method of depreciation for this machine and it an estimated useful life of ten years, with no residual value. At the beginning of 2017, a decision was made to change an estimated life to fifteen years. Compute the amount of depreciation for 2015 & 2017.and accumulated depreciation for 2017.

OU I had DL Ref Mailing An LA UNIT FOR Fixt: On January 1, 2015, Dhofar Corporation purchase machinery Or 200000 ce cash, Dhofar decided uring the straight line method of depreciation for this it an estimated ful life of um years, with no residual value. At the beginning of 2017, decision was made to change an estimated life to fim Complete depreciation for 2015 & 2017 and accumulated depreciative for 2017 Value of art-dual valorful life On January 1, 2015 Machine 200000 200000 31/12/2015 Depreciation expen Acumulated depreciation 20000 31/12/2017 120077 Depreciation expenses Accumulated depreciation 123071 12072