On January 1, 2009, your company acquires a computer that has an acquisition cost of $14,000, a residual value of $500 and a useful life of 4 years. Your company ends up using the asset for!5 years. Complete the following table using the double-declining balance method 1. Credit to Accum Deprecation Year End Balance in Accum Depr Year End Book Value Year Ending Book Value at Depreciation beginning ofExpense for the year year 12/31/2009 12/31/2010 12/31/2011 12/31/2012 Complete the following table using SYD depreciation for an asset that has a cost of $35,000, a residual value of $1,500 and an expected life of 5 years. The asset was acquired on January 1, 2009 2. Year Ending Depreciation Expense for Credit to Accum. Year End Balance in Year End the year Deprecation Accum Depr Book Value 1/1/2009 12/31/2009 12/31/2010 12/31/2011 12/31/2012 12/31/2013 On November 28, 2009, Q Company, which has a December 31 year end, acquires an office building for $250,000, which includes $50,000 for land. The office building has an estimated life of 45 years and a residual value of $102,000. Assume the depreciation rate for Year 1 is .321% and Year 2 is 2.564%. Answer the following questions: 3. a. b. c. d. What is the building's cost basis? What is the depreciation expense for Year 1? What is the depreciation expense for Year 2? What is the net book value of the land and building at the end of the second year (after the second-year depreciation has been recorded)