The company uses straight

-

line depreciation for all of its store fixtures and office equipment.

Below is a schedule of the store fixtures and office eq

uipment

depreciation

when they were

purchased

.

At

the end of 201

9

, the company

determines that the useful life of office equipment

(ID#4299) is extended to

10

years.

Fixtures and Equipment

(

Original estimates when purchased

)

ID #

Historical Cost

Estimated Useful Life

Estimated Salvage Value

Date acquired

1256

$1

5

,000

10 years

$1,000

Jan. 1, 20

1

2

1876

$

5

,

5

00

10 years

$200

Jan. 1, 201

4

4299

$20,000

8

years

$0

Jan. 1, 201

6

5422

$

1

0

,

0

00

5 years

$500

Sep

. 1, 201

9