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i need answers to last question please Current Attempt in Progress Steve Grant, the new controller of MetlockLtd. has reviewed the expected unetul lives and

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Current Attempt in Progress Steve Grant, the new controller of MetlockLtd. has reviewed the expected unetul lives and residual values of selected decide assets at the beginning of 2020. His findings are as follows. Acumulated Depreciation Total Useful in Years Date Residual Value OM Proposed Old Cast Pro Type of Asset 40 191.250 S 45.000 22.750 Building 1/1/10 E810,000 20 25 4,000 30.500 20.000 104.000 Warehouse 1/1/15 All assets are depreciated by the straight-line method. Metlock uses a calendar year in preparing financial statements. After discussion, management has agreed to accept Grant's proposed changes Lcompute the revised annual depndation on each assetin 2020 Reveed annual depreciation E 4900 Textbook and Media List of Accounts Your answers income Prepare the entry to record depreciation on the building in 2020. (Credit account titles are automatically indented when amount is entered Do not indent manually Date Account Titles and Explanation Debit Credit Dec. 31

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