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Exercise 11-7 Coronado Industries presents you with the following information. Complete the table for the year ended December 31, 2019. The company depreciates all assets
Exercise 11-7
Coronado Industries presents you with the following information. Complete the table for the year ended December 31, 2019. The company depreciates all assets using the half-year convention. (Round answers to 0 decimal places, e.g. 45,892.)
Description | Date Purchased | Cost | Salvage Value | Life in Years | Depreciation Method | Accumulated Depreciation to 12/31/18 | Depreciation for 2019 |
Machine A | 2/12/17 | $123,975 | $13,920 | 10 | (A)_____ | $29,015 | (B)_______ |
Machine B | 8/15/16 | (C)______ | 18,270 | 5 | SL | 25,230 | (D)______ |
MAchine C | 7/21/15 | 65,598 | 23,500 | 8 | DDB | (E)________ | (F)_______ |
Machine D | (G)_______ | 190,530 | 60,030 | 5 | SYD | 60,900 | (H)______ |
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