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On October 1, 2022, Tru-Action Consulting purchased new computers for $14,680. The computers are expected to last 3 years and will have an estimated residual
On October 1, 2022, Tru-Action Consulting purchased new computers for $14,680. The computers are expected to last 3 years and will have an estimated residual value of $1,000. Tru-Action Consulting has a December 31 year end. Required Prepare the table below showing the yearly depreciation, accumulated depreciation, and net book value of the equipment. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Year Original Cost of Computers Depreciation Expense Accumulated Depreciation Net Book Value 2022 Answer 14680 Answer 1140 Answer 0 Answer 10120 2023 Answer 14680 Answer 4560 Answer 9120 Answer 5560 2024 Answer 14680 Answer 4560 Answer 13680 Answer 1000 2025 Answer 14680 Answer Answer 18240 Answer -3560
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