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On XXX , 2 0 1 9 , Xenex Innovations purchased computer equipment for $ x x x . The equipment will be used in

On XXX,2019, Xenex Innovations purchased computer equipment for $xxx. The equipment will be used in research and development activities for xx years or a total of XXX hours and then sold for about $XXX. Prepare a schedule with headings as shown below. Calculate depreciation and carrying amounts for each year
of the equipment's life for each method of depreciation. Xenex's year-end is December 31.
\table[[Cost,$125,900,\table[[1 Bonus mark for using],[an Excel formula to],[calculate this +1 bonus],[mark for formatting it],[as month ?12(for],[example: 512)]],,,years,],[Selling price,$18,350,\table[[Useful life],[Company's year end]],\table[[2019-12-31]],],[Purchase date,41?2019,],[Fraction of year,,,,],[a) Straight Line (5 marks)],[Year,Depreciable Amount,Depreciation Rate,,Depreciation Expense],[2019,$125,900,20%,,$25,180
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