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Exercise 11-6 (Algo) Depreciation methods; solving for unknowns [LO11-2] For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are
Exercise 11-6 (Algo) Depreciation methods; solving for unknowns [LO11-2] For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for straight-line and DDB for double-declining-balance. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Cost Residual Value $ 39,000 B Service Life Depreciation Depreciation (Years) Method (Year 2) DDB $ 51,000 SL 6,400 SL 9,000 10 23,900 8 D DB 78,000 103,000 268,000 219,000 13,000 29,000 39,000 E
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