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Exercise 11-07 Swifty Industries presents you with the following information. Complete the table for the year ended December 31, 2022. The company depreciates all assets
Exercise 11-07 Swifty Industries presents you with the following information. Complete the table for the year ended December 31, 2022. The company depreciates all assets using the half-year convention. (Round answers to 0 decimal places, e.g. 45,892.) Cost Depreciation Method Depreciation for 2022 Description Machine A (a) Accumulated Depreciation to 12/31/21 $34,220 (b) 29,870 (d) Date Purchased 2/12/20 8/15/19 7/21/18 (9) Machine B Salvage Life Value in Years $146,800 $17,000 10 21,630 5 67,200 23,5008 225,570 71,070 5 (0) Machine C SL DDB (e) SYD Machine D 72,100 (h) Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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