In Module 8, we learned how different types of assets depreciate over time and how should we calculate their depreciation over time. Depreciation is important for a business because it is a way of reducing taxable income and pay less tax. We learned about different depreciation methods that exist out there and the differences that exist among them. It is time to "learn by doing" and work on some practice problems from the book. This part is where you may encounter difficulties because some problems might be challenging but it is critical to try and solve them even if you don't get them right the first time. Here they are from chapter 11: 11-32 11-38 11-40 11-42 11-52