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Question 2 [9 points] At December 31, 2013 Bentley Inc.'s balance sheet showed plant and equipment information as detailed in the schedule below. Bentley Inc.

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Question 2 [9 points] At December 31, 2013 Bentley Inc.'s balance sheet showed plant and equipment information as detailed in the schedule below. Bentley Inc. calculates depreciation to the nearest whole month. Please complete the schedule. Round depreciation per unit of production to the nearest cent. Cost Information Depreciation Accum. Dep. Dep. Expense Accum. Dep. Description Purchase Date Depreciation Method Cost Residual Life Dec. 31, 2013 for 2014 Dec. 31, 2014 Equipment July 1, 2012 Straight-line 124,000 10,000 5 years 22,800 Machinery July 4, 2013 Double-declining 252,000 10,000 10 years balance Trucks September 3, 2012 Units of production 461,500 10,000 1,505,000 km There have been no disposals or subsequent capital expenditures on the asset since the date of purchase. The kilometres the truck was actually driven were as follows: 2012 : 420,000 2013 : 462.000 2014: 435,000 For simplicity, assume that the asset is depreciated as an individual item and will not be broken down into parts and depreciated

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