Morgana Film Productions Inc. purchased a copier on Jan $1,2011$ for $$11,500$ with a residual

value of $$1000.$

Useful life is $5$ years or $100,000$ copies

Copies produced in $2011$: $15000$ copies; in $2012$: $16,000$ copies

Using the Straight Line Method, calculate:

a$)$ The Depreciation Expense in $2011$ & $2012$

$

in $2011$

$

in $2012$

b$)$ Accumulated depreciation at the end of $2012$

$

c$)$ Book value at the end of $2012$