Question 2: Asset Valuation & Depreciation (2

_.___ __._=._..__ _._ _._.J. Question 2: Asset Valuation & Depreciation {25 marks] Blackwetm Carp, a public pennany heated in Saskatchewan, bath purchases and canstucts serials pieces at machineryr and equipment ihat it we: in its epereijals The tdiuwing items are far rI'Ievi'J'inerglI that was purd'laaed and a piece ufequipmentretwas cunetucted dining ihe 2111? scal year: Cash paid Fur rnaduinew, inch-ling EIE lax d 'ml] and rem-tremble EST at $5309 $112.:iun Fre'nh't and insulance cost "tile in trana't 2.330 Custefmm mai'l'lIeryi-itnplaueatfamrv 3.5M Wage mat for tectmiciims to bat rnacliner'r 4.4m] Han-ids cast {or heating still Insulanue premium paid an the ntschhm fur is rst yearufaperat'un 1.40\" Special phmh'lm nal-E Imu'nsd- for new macl'l'nenr Ilr'l Ilepa'r past an med1inerrinctl'red i1 rst wear of open-sierra 1.5m: tiashruredflmprnincid mnmasilmretepulase rnadiiner'r 25.5\"" Han-id ind purchased parts {wuss cast lthl-l]: lial tn 13h! 1'5 sh d'EnJunt: the my useehe net method ufrecnrd'nn "chm d: main-id and lm Ila-151 Imputh interest on Jnds :Eed chring mnsuucun (Nate: the tempera,r has nci borrowing costs. but i: has mlulh'bed imputed 'ritert on its equhu'd'lare 13'3\"\" nancial] Labeuracsls mnacttl'ing u! equ'pment 185m DUE-head casts {xed swaps: variable $32300] nuns Pmt on self-cum JILi' Bust ufinslilinq equipmem: 4.500 Remirecl: {round aI armatu I] decimal place} a} Calcuiate the cast efihe machinery and the cast quhe equipment h} Ccuiate the depreciation fpr'ie rst two years, [use full year depreapn} an the machinery and equipment assuming the; bum have a useful life of 1|] years and the I'I'IC-l'lifl'y has a salvage value at 510.0911] and equipment ufit} using 1] Straight- ine and 2} CCA