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Marigold Cole Inc. acquired the following assets in January of 2015 Equipment, estimated service life, 5 years; salvage value, $14,300 Building, estimated service life, 30

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Marigold Cole Inc. acquired the following assets in January of 2015 Equipment, estimated service life, 5 years; salvage value, $14,300 Building, estimated service life, 30 years; no salvage value $495,800 $702,000 mvethod for the equipment, but no change was made in the estimated service life or salvage value. It was also dedded to change the total estimated service Ltde f the building from 3o years to 4 D) (Round answers to O decinal places e g. I 25 Credit account titles are outomatkally indented when amount is entered. Do not indent manually. If no eatry is requiet select Ntnt, enter 0 for the amounts.) Debit No. Account Titles and Explanation credit

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