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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, 2024. The
Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2024. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to 0 decimal places, eg. 5,275.) Date Purchased Residual Value Life in Years Depreciation Method De De Description Cost Machine A $145,000 10 $13,000 Double-declining-balance Dec. 2. 2022 22.000 5 Straight-line Machine B Aug. 15, 2021 72,600 24,000 8 Double-declining balance Machine C July 21, 2020 weet Acacia Industries Ltd., a public company, presents you with the following information: a) Complete the table for the year ended December 31, 2024. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to 0 decimal places, e.g. 5,275.) Residual Value Life in Years Depreciation Method Accumulated Depreciation to Dec. 31, 2023 Depreciation for 2024 000 $13,000 10 Double-declining-balance $40.600 $ 22,000 5 Straight-line 27.500 600 24,000 8 Double-declining-balance
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