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Novak Industries presents you with the following information. Complete the table for the year ended December 31, 2022. The company depreciates all assets using the
Novak Industries presents you with the following information. Complete the table for the year ended December 31, 2022. The company depreciates all assets using the half-year convention. (Round answers to decimal places, eg. 45,892.) Date Purchased Description Life in Years Salvage Value Depreciation Method Cost Machine A 2/12/20 $178,100 $20,800 10 (a) Machine B 8/15/19 (c) 26,250 5 SL Machine C 7/21/18 67,200 23.500 8 8 DDB (e) Machine D g) 273,750 86.250 5 SYD Accumulated Depreciation to 12/31/21 Depreciation for 2022 $41,470 (b) $ 36,250 (d) d) (e) (f) 87,500 (h)
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