Required:

1. What is the 2022 double-declining balance depreciation expense for conveyer oven 1?

• $1,843
• $2,255
• $1,550
• $2,304

2. What is the total depreciation expense using sum-of-the-years' digits for 2022?

• $5,620
• $5,479
• $4,160
• $4,610

3. Which asset has $1,300 straight line depreciation expense in 2022?

• Freezer
• Reach-In Refrigerator
• Conveyer Oven 2
• Conveyer Oven 1

4. Which asset has $43 sum-of-the-year's digit's depreciation in 2023?

• Dough prep equipment
• Work table
• Dough mixer
• Delivery bags

5. Which assets have zero double declining balance depreciation in 2023?

• Dough mixer, hot holding cabinet 1 and pizza prep table
• Work table, hot holding cabinet 1 and pizza prep table
• Work table, hot holding cabinet 2 and assorted utensils
• Dough mixer, hot holding cabinet 2 and assorted utensils

AutoSave OFF Lab 1-2 Alt Data Share Comments Home Insert Draw Page Layout Formulas Data Review View Tell me Calibri (Body) 14 AA ag Wrap Text v General ZAY - O. $ ~ % " $08 8 Conditional Format Cell Insert Delete Format Sort & Find & Ideas Paste BIU BY OvAv E Merge & Center v Formatting as Table Styles Filter Select C24 4 A B C D E F G H K L M N O P Q Current Year 2022 2 Original 3 Year Placed in Service Useful Life Description Cost Salvage Value 4 2019 10 Conveyer Oven 1 18,000 2,500 5 2021 Reach-in Refrigerator 4,500 800 6 2019 Freezer 3,500 700 7 2019 Work table 200 50 8 2020 Pizza Prep Table 300 50 9 2018 Dough Mixer 500 100 10 2016 Dough Prep Equipmen 100 20 11 2019 Hot Holding Cabinet 1 150 50 12 2020 Hot Holding Cabinet 2 200 50 13 2 Delivery Bags 200 2017 10 Conveyer Oven 2 15,000 2,000 15 2019 Pizza Prep Table 350 150 16 2019 un un Assorted utensils 300 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Sheet 1 + + 115%