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Question 5 2 pts Round all answers to the nearest dollar Your company buys a tower crane for $900,000 on January 1, 2019. It has

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Question 5 2 pts Round all answers to the nearest dollar Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20 year life, it's expected salvage value is $20,000, and total estimated usage is 20,000 hours. Assuming you use straight line depreciation how much is the depreciable amount? $ What is depreciation in 2019? $ What is book value after the adjusting entry is recorded in 2019? $ What is depreciation in 2020? $ What is the value of accumulated depreciation in 2020 after the adjusting entry is made? $ Question 6 2 pts *Round all answers to the nearest dollar. Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20 year life, it's expected salvage value is $20,000, and total estimated usage is 20,000 hours. Assuming you use double declining balance: What is depreciation in 2019? $ What is book value after the adjusting entry is recorded in 2019? $ What is depreciation in 2020? $ What is the value of accumulated depreciation in 2020 after the adjusting entry is made? $

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