Humbers File Edit Insert Table Organize Format Arrange View Share Window Help ACCOUNTING 2113 - DEPRECIATION ASSIGNMENT-Edite View Zoom Add Category Insert Table Chart Text Shape Media Comment DEPRECIATION FACTS DEPRECIATION TEMPLATE DEPRECIATION-JE TEMPLATE H TOSCANE DEPRECIATION CALCULATIONS CHERYLL'S FURNITURE COMPANY For the Year Ended December 31, 2020 Asset Acquisition The following Assets were acquired on January 1, 2020 by Cheryl's Furniture Company during the current year: AN Estimated Useful Life 5 Years 6 Years 4 Years 19 ASSET 12 Computer System C1 Manufacturing Equipment 14 Delivery Truck 15 Total TOTAL COST $115.000 300,000 Estimated Salvage Value $12,500 30.000 7.500 $420,000 Esmated Usede in Activity is follows: Computer Stem 100 000 Hours Caracturing (quipment 20,000 Hours 20 Delety Truck 300,000 Miles 22 EQUIRED 1. Calculate Depren pense for the first three years for each Auet Using the following Depreciation Meth 24 MISTRAGMT UNE METHOD DOUBLE DECLINAG-AALANCE METHOD ACTIVITY BASED UNITS OF PRODUCTION METHOD 21 ASSLT ACTIVITY Computerem Heart 13.000 eura Year 2 - 10.000 eurar 3. 20.000 Manufacture Year 1 2.400 Hout eat - 1.200 Hour fear 400 Hours H THU vel 6 Mies: Year 2-83.200 M 34.80 M 2. Mathear Endura Entry forway reach the Depreciation Method Onnine Entry for the Methadi 13 0000 4 5 6 B WSE R bers Fle Edit Insert Table Organize Format Arrange View Share Window Help ACCOUNTING 2113 DEPRECIATION ASSIGNMENT Edited 120 View Zoom Ad Category Table Sle Media Comment DEPRECIATION FACTS DEPRECIATION TEMPLATE DEPRECIATION JE TEMPLATE Colabor ACCOUNTING 2113 FINANCIAL ACCOUNTING DEPRECIATION CALCULATIONS CHERYLL'S FURNITURE COMPANY For the Ended December 11, 2020 Manufaturing obet Comer Sistem Delivery Truck H CA STRAIGHT LINE METHOD YLARI V7 YEAR 3 520.500 50500 520.500 $45.000 SE000 AS. DOO $11.75 $115 $12.875 M C Row DOUBLE DECLINING-BALANCE METOD MARS YA 13 6,000 37.00 S100.000 GET Calum $27500 323.750 $2.500 Table F ACTIVITY-BASED NISO PRODUCTION METHOD VAR VLAR TM Table OUT Alta wacam 5 8 R 1 G H