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IF SOMEONE CAN HELP ME SO I CAN UNDERSTAND MY HOMEWORK IN INEN 323 ENG ECONOMY. I HAVE DOUBTS ON THESE QUESTIONS. THANKS FOR ALL

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IF SOMEONE CAN HELP ME SO I CAN UNDERSTAND MY HOMEWORK IN INEN 323 ENG ECONOMY.

I HAVE DOUBTS ON THESE QUESTIONS. THANKS FOR ALL THE HELP I CAN GET.

IF YOU CAN FILL THE BLANKS IT WOULD BE A LOT OF HELP.

IF THERES A FORMULA PLEASE PROVIDE SO I CAN REVIEW AND LEARN.

image text in transcribedimage text in transcribed
A manufacturing company has purchased three assets: Item Lathe Truck Building Initial Cost $43,000 $25,000 $900,000 Book life 12 years 200,000 miles 50 years MACRS class 7 years 5 years 39 years Salvage value $3,000 $2,000 $100,000 Book Unit production depreciation DDB UP SL The truck was depreciated by the units-of-production method. Usage of the truck was 22,000 miles, 30,000 and 45,000 miles during the first three years, respectively. Calculate the depreciation stated for each asset for the first three years. For the building consider it was bought on May of Year 1. Lathe Book Truck Book Depreciation Depreciation n Dn BV n Dn BV O 0 17,167 35,833 1 2,530 22,470 2 5,972 29,861 2 3,450 19,020 3 3Use the data from the last problem to determine the missing values below. Building Tax Depreciation n Dn BV 0 1 12,820 887,179 2 20,513 866,667 3

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