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Question 4 Answer the following questions in the provided space in the sheet titled Short Questions. 4.1. After the end-of which year does the
Question 4 Answer the following questions in the provided space in the sheet titled "Short Questions". 4.1. After the end-of which year does the book value of the boiler become less than the stated salvage value when using the straight-line method? (2) 4.2. After the end-of which year does the book value of the boiler become less than the stated salvage value when using the 200% declining balance method? (2) 4.3. After the end-of which year does the book value of the boiler become less than the stated salvage value when using the 150% declining balance method? 4.4. Which one of these methods provide for a slower rate of depreciation? 4.5. What conditions must a property satisfy to be considered depreciable? (2) (2) (4) [Sub-total = 12 Marks] Total = 38 Marks ==
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