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On March 1 0 , 2 0 2 7 , Bramble Company sells equipment that it purchased for $ 2 1 8 , 8 8

On March 10,2027, Bramble Company sells equipment that it purchased for $218,880 on August 20,2020. It was originally estimated that the equipment would have a life of 12 years and a salvage value of $19,152 at the end of that time, and depreciation has been computed on that basis. The company uses the straight-line method of depreciation.
(a) Compute the depreciation charge on this equipment for 2020, for 2027, and the total charge for the period from 2021 to 2026, inclusive, under each of the six following assumptions with respect to partial periods. (Round depreciation per day to 2 decimal places, e.g.15.64 and final answers to 0 decimal places, e.g.45,892.)
Depreciation is
computed for the
exact period of
time during which
the asset is owned.
(Use 365 days for
base and reftcord
depreciation
through March 9,
2027.)
Depreciation is
computed for the
full year on the
January 1 balance
in the asset
account.
3.
Depreciation is
computed for the
full year on the
December 31
balance in the
asset account.
4. Depreciation for one-half year is charged on plant assets acquired or disposed of during the year.
5. Depreciation is computed on additions from the beginning of the month following acquisitionand on disposals to the beginning of the month following disposal.
6. Depreciation is computed for a full period on all assets in use for over onehalf year, and no depreciation is charged on assets in use for less than one-halfvear
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