ment 9 - Ch 9 Saved At December 31, 2019, Dynamic Exploration's balance sheet showed total PPE assets of $1,006,400 and total accumulated depreciation of $435,175 as detailed in the PPE Subledger below. Dynamic calculates depreciation to the nearest whole month. Required: Complete the schedule by calculating depreciation expense for 2020 for each asset and then determining the balance of accumulated depreciation at December 31, 2020. (Do not round intermediate calculations and round the final answers to nearest whole dollar.) ped Description Date of Purchase Cost Information Depreciation Depreciation Cost2 Residual Life Method1 Balance of Accum. Deprec. Dec. 31, 2019 Depreciation Expense for 2020 Balance of Accum. Deprec. Dec. 31, 2020 nt Building Modular Furniture May 2, 2014 S/L $ 790,000 $ May 2, 2014 S/L 122,400 320,000 10 yr. 06 yr $ 266,333 115,600 Truck Jan. 25, 2017 DDB 94,000 17,000 8 yr. 53,242 1S/L-Straight-Line; DDB-Double-Declining-Balance. 2 There have been no disposals or betterments since the date of purchase.