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Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2027.
Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2027. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to O decimal places, e.g. 5,275.) Residual Value Life in Years Depreciation Method $160,000 $13,000 10 (1) (3) 20,000 5 Straight-line 23,500 8 Double-declining-balance Description Date Purchased Cost Machine A Dec. 2, 2025 Machine B Aug. 15, 2024 Machine C July 21, 2023 72,800 Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2027. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to O decimal places, e.g. 5,275.) esidual Value Life in Years Accumulated Depreciation to Dec. 31, 2026 Depreciation Method 13,000 10 (1) 20,000 5 Straight-line 23,500 8 Double-declining-balance Depreciation for 2027 $44,800 $ (2) 25,500 (4) (5) (6)
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