i. Plant and Equipment to be depreciated for the month of January are composed of the following...(the January 31 lump-sum purchase of fixed assets will not be depreciated until February; this schedule only includes depreciable items for January) Asset Date Acquired Cost Estimated | Salvage Usage or Value Depreciation Current Method Depn. Month's Per Unit Current Building 9/1/2014 $306,000 Life 25 Years Usage Month's Depreciation $20,000 Straight Line Trucks and Lifts: Truck #1 4/1/2015 28,000 60,000 Miles 3,100 Miles Driven 498 0.415 Truck #2 9/1/2017 33,000 60,000 4,200 Miles Driven 1,120 0.480 Miles Lift #2 3/29/2015 Lift #3 9/16/2016 4,500 10 Years 500 Straight Line 5,000 10 Years 500 Straight Line Furnitur e & 1/1/2018 32,800 7 years 2,000 Straight Line Fixtures