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Our Completion Part On January 1, 2011. ABC Commy purchased a bug and equipment that have the following useful levesresidual values, and costs Building 10

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Our Completion Part On January 1, 2011. ABC Commy purchased a bug and equipment that have the following useful levesresidual values, and costs Building 10 yearstedele, 550,000 residual value, S1,200,000 cost B 13 Year estimates life 510,000 residual value, 5130,000 COM The building has been depreciated under the right line method through 2014 In 2015, the company decided to switch to the double declining balance method of depreciation ABC alve decided to change the totale life of the equipment to 9 years with residual value of 55,000 at the end of that time. The equipment is depreciated using the straight line method Instructions Prepare the journal entry necessary to record the depreciation expense on the building in 2015 Compute depreciation expense on the equipment for 2015 For the toolbar.press ALTO PCIO ALTERNAMA

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