The Thompson Corporation, a manufacturer of steel products, began operations on October 1, 2019. The accounting department of Thompson has started the fixed asset and depreciation schedule presented below. You have been asked to assist in completing this schedule. In addition to ascertaining that the data already on the schedule are correct, you have obtained the following information from the company's records and personnel Ey of S1 PV of St. FVA of St. PVA of $1. FVAD of $1 and PVAD of SD (Use appropriate factor(s) from the tables provided.) a. Depreciation is computed from the first of the month of acquisition to the first of the month of disposition b. Land A and Building A were acquired from a predecessor corporation. Thompson paid $822,500 for the land and building together. At the time of acquisition, the land had a fair value of $91,000 and the building had a fair value of $819.000 c. Land B was acquired on October 2, 2019, in exchange for 3,100 newly issued shares of Thompson's common stock. At the date of acquisition, the stock had a par value of $5 per share and a fair value of $26 per share. During October 2019, Thompson paid $10.500 to demolish an existing building on this land so it could construct a new building d. Construction of Building B on the newly acquired land began on October 1, 2020. By September 30, 2021, Thompson had paid $220,000 of the estimated total construction costs of $310.000. Estimated completion and occupancy are July 2022 e. Certain equipment was donated to the corporation by the city. An independent appraisal of the equipment when donated placed the fair value at $16,400 and the residual value at $2.100 t Equipment A's total cost of $111.000 Includes installation charges of $560 and normal repairs and maintenance of $11,000. Residual value is estimated at $5.500. Equipment A was sold on February 1 2021 g. On October 1, 2020, Equipment B was acquired with a down payment of $4300 and the remaining payments to be made in 10 annual installments of $4.100 each beginning October 1, 2021. The prevailing interest rate was 9% Required: Supply the correct amount for each answer box on the schedule. (Round your intermediate calculations and final answers to the nearest whole dollar) THOMPSON CORPORATION Fixed Asset and Depreciation Schedule For Fiscal Years Ended September 30, 2020, and September 30, 2021 Assets Acquisition Date Depreciation for Year Ended Cost Depreciation Residual Estimated Le in Years Method 2020 - NA Land Building A Land Bunting Donated Ecoment Equipment A Equipment 10/1/2019 10/1/2019 10/2/2019 Under construction 10/2/2019 10/2/2019 1000 not applicable Straight line not applicable Straight in 2009 Decirang balance Sum of the years Stone dia/Connect Production/bne/accounting/spiceland_int_10e/table1.png Future Value of $1 51(1+i) 0% 15% 20% 25% 3.04 3.5% 40% 4.59 5 .0% 55 01000 101500 102000 1.02500 103000 103500 101000 104500 105000 1.05500 02010 103022 104040 105063 06090 107123 108160109203 110250 1.11303 1.03030 104568 1.06121 107689 109273110872 112486 114117 115763 17424 104060 106136 1.08243 110381 112551 114752 1.16986 119252 121551 123882 1.05101 107728 1.10408 113141 115927 1.18769 1.21665 124618 127628 130696 60% 70% 1.06000 107000 112360 1490 219102 122504 126348131080 133823 140255 ON 2.0% 0.0% 0.0% 12.04 10000 109000 110000111000 112000 1.16610 1.1881012100012321012540 125971 129503133100 136763 1.40193 36019 1.411564641015180757352 14693353862 161051 158506176236 2 106152 109544 12616 11900 1940 1936 136532 1.30226 1.54010 137834 141652 1672 775617041197562 107214 1.10984 114869 116869 1229871 27228 131593 136086 140710 1.45468 150363 60578 7132 4 1 72 207616 221058 108286 112649 117166 121840 126677 131681 136857 142210 1.47746 1.5446959185 171819 8509399256 2.14359230154 2.47596 1099 1149 119509 124585 130171 116290 147331 143510 155133161909 1689181 0 0217189235795235804277308 1.10462 1.16054 121899 178008 134392 141060 148024 155297 169889 170814 179085196715 21589 216736 2.597 28192 29 351 4.29 5.131 6191 111567 17795 124337 131209 1323 149991 151945 162285 171034 1.80209189830 2.10185 233164 258013285312 3151 3.47855 74300 2 11263 1962 126824 1349 1.49576 151107 100103 to 79586 90121201220 2219 256817 281266 306 3.4954589598 13 113809 121355 129361 137851 146853 156196 166507 1.77220 188505 200577 213293 2409352712 0650345213313416119106993 14 114947 123176 131918 141297 151259 1 61869 173168 165194 197993211609 2.20090257859 2.93719334173797503101488711 12.81913 15 116097125023 134557 148 155797 167535 1009 1938 20793 224 2956 275903317217 3638 1772473459 5473571540702 IN 16 11728 1799 13727 143451 160171 173299 137298 262237 218237 235576 254035295216 17 1184 1802 10034 2162 1673 174 170 21133 29202 203 2017 1582 18 1915 11074 142805 155906 170943 18749208582 220818240062 262147 28504 7 993 19 2011 1.200 1401 986 75351 19225021008529073625709 2.705050250061653 20 2019 14595 62 101 1 21911224017265330291738 0714 21 1219116706 15167 1678 1 9 20 277877352094 27596 19956 41406 SON 254 4509164061185194 2093723 SS. 30 1 156108 6209757 24273628067924140374512412194 195 76176 100 0 1 1140 2004 Se o 10 16 21790 1 O G 2 Present Value of $1 (1+1 1.0% 15% 2.0% 2.5% 3.0% 3.3% 4.0% 4.3% 5.0% 5.5% 6.0% 70% 8.0% 0.0% 100% 11.04 12.0% 20.0% 0.99010 0.98522 0.98039 097561 0.97087 096618 096154 095094 095238 0.94787 0.9640 093458 092593 091743 090909090090 0.9286 0.83333 8010 097066 096117 095181 094260 093351 093456 091573 0.90703 0.89845 089000087344 085734 0.34168 082615 0.81162 0.79719 0.09144 097059 095632 094232 092860 091514 090194 088900 0.37630 0.86384 035161 0.8342 081630 079383 077218 0.75131 073119 071178 0.57870 0.96096 0.94213 092385 09099 0.58349 087144 085450 083856 0.32270 0.80722 0.79209 076290 0.73503 0.70543 068301 0.65873 063552 048225 $0.95147 0.92826 090573 0.88385 036261 081197 082193 080245 0.78353 0.76513 0.74726 071299 0.68058 0.64993 062092 0.59345 0.56743 0.40135 6 0.94285 0.91454 6.88797 0.36230 0.83748 0.81390 0.79031 0.78790 0.74622 0.72525 0.70496 0.6664 0.63017 0.59627 0.5647 0.33464 0.56663 0.33480 7 093272 0.90103 057056 034127 031309 0.78599 0.75992 073483 0.71048 0.68744 0.66506 062275 058349 0.54703 0.51316 048166 0.45235 6.27900 & 092348 087 085349 082075 0.78941 0.79941 073009 0.70319 067654 0.65160 0.67141 052201054027 0.50187 0.46651 0.43393 0.40338 023357 9091434 031459 083676 080073 076642 073373 0.70259 0.67290 0.54461 061763 0.59190054393 050025 0.46013 0.4410 0.39097 0.36061 0.1938 10 090529 086167 082035 0.78120 0.74409 0.70892 067556 064393 061391 058543 0.55839 050835 0.46318 0.42241 0.38554 035218 032197 0.16151 110 .39632 4893 60426 076214 0.72343 668495 0.64958 0.61630 0.58468 .55491 0.53879 0.47509 A288 38753 0.3500 31738 0.28743 0.13459 12 058745 033639 078849 0.74356 0.70138 0.66178 0.63460 0.58966 055684 0.53598 049097 044401039711 0.35553 031863 028584 075668 0.11216 13 07366 07703 072542 09 063940000057 05647 SO 09356 0.46884 0.412 0.36770 033815 02200035751 0.12 009346 14 0.80996 081165 075758 0.70773 060112 061778 057748 053997 0 SOS07 047257 0.44230 0.38782 034046 0.29035 02633 023199 0.20462 007789 15 05635 075 074 060047 064156 096895552651674810204490417016050315 27454 2990 209001000591 16 6.45282 0.70 0.71345 0.87362 0.62317 4.57871 2.53101 .0047 0. 41 0.43458 0.04 0.33 0.299 0.587 0.176 180 181 1500 17 1438 718 071416 065720 060502055730 050337 0.47318 0.43630040345 0.37136 031657 0 27027 023107 019754 01093 016564 00507 18 033602 076491 070016 064117 0.56739 053836 0.49363045280 041552 038147 035014 0.29586 025035 0.21199 0.17986 012 0.13004 003756 19 ORTH4 075361 063643 063553057039 052016 04764 06330 397 0158 033051 078 0331710190 016351 0376 0.116 03130 200.81954 1347067294061027 055368050257 045699 041454 0379 014273 031180 0.25843021455 01754301454 013401036700008 21 .3114873156 . 78 .953 .33755 A 6.4383 3 33 2416 .34151 16 24 078757 0699406217255288 09191 043796 090120710011007 276664 019715 015700150101530081 25077971 0921 0609530539 047161 04315 0.37512 033 02953003013023100 01010201157 58 Soss 045781603339157 2 01960 1500115910 29 0791406056311 040 041585030000295 021163160106 010715 000 0 0 1 1358 0 0 1 0 619 4 .4116 10. 71 060 054135 05199990340296462501010 0101010 0100920 671650 1731 171911 1910 LE 3 Future Value of an ordinary Annuity of $1 PVA (1+1)-1 45% 2016 O ILON 12.04 10000 10000 10000 10000 10000 2055 1 0% 1.5% 2.0% 25% 3.0% 35% 40% 1 10000 10000 10000 10000 10000 10000 10000 2 20100 20150 2020 202502030020350 20100 3 3.9301 3.0452 3.0004 30756 3.0909 3106231216 440604 409 412164152541838 419 42465 5 5101051523 5.3040 53563 5.3091 563554163 22000 16100 3.1650 20900 21000 21700 21200 32781 1100 1179 457511611070979 5971051 277 2 51 74176 5.4707 55811 1299 6 1520 6.7296 6.3081 6.3877 646346.5502 6.610 7 72135 730 74343 7974 765 77794 119 623 50 761923 90517 214 9 3300 985955) 9.754599545 10 1591 10.10 10.5 10 1021 10 10.472 10.70 10.907 11.2014 11 4639 11.7314 12.0061122382 NH T 10,359 10636610 1 1699 12.487613021013379 13116441866 18 1999 15911 H 17.359 1680 167220 0 12.997 147757 8 11.00 13.1808 13.5412 154640 148 16185 1 11.5 1. 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VONS 0.95694 095238 1.87267 135941 % 9010 7040 91099 90197 85343 2.5% 2.0% 0.98522 0.98039 1.95588 94156 291220288388 385438 380773 478264471346 2.5% 3.0% 097561097087 1.92742 1.91347 2.85602 282861 3.76197 3.71710 464583 4.57971 3.5% 0.96618 1.89969 280164 3.67308 451505 4,0% 096154 1.88609 2.77509 3.62990 445182 5.5% 6.0% 70% 094787 094340 0.93458 1.84632 183339 1.80802 2.69793 267301 2.62432 3.50515346511 338721 4.27028 421236 4.10020 8.0% 0.0% 0.0% 0.92593091743 0.90909 178326 1.75911 L73554 257710 2 53129 248685 331213323972 316987 3.99271388965 3.790791 2.74896 2.72325 56595 438998 4.32948 5.24214 600205 5.79548 5.69719 5.60143 5.50813 5.41719 5.32855 6.72819 6.59821647199 634939 6.23033 6.11454 7.65168 748593 732548 717014 701969 8.56602 8.30052 8.16224 797087778611 9.471309.22218 8.98259 8.75206 8.53020831661 299 292 29 5.07669 4.99553 491732 4.76654 4.62288 4.48592 45526 4 5.58297 558238 53892920637 3.032954868424 6.334576.70979597130 5.746645534825334935 6.51523 6.24689599525 5.759025 7.72173753763 736009702358 671008 6.41766 6.14457 58 7 10782 18.36763 10.07112 9.78685 9.51421 9.252629.00155 11 25508 10.90751 1057534 10 25776 995400 966333 938507 12. 13374 11.73153 11.34837 10.98319 10 634961030274 998565 13.00370 12.54338 12.10625 11.69091 11.29607 10.92052 10.56312 13 36505 1334323 12 84926 12.38138 11937941151741 1111839 9.11858 9.68285 10641 886325 939357 9.89864 8.092547.88687 8.61852838384 911708 8.85268 958965929998 9.71235 749367 7.13896 794209753608 8.35765790378 8.74547 3.2424 9.10791355945 6.80519 6.49506 6.31 7.16073 681369 64 748690710336 6.74 773615736669 698 06069 760608 7190 14.71787 14.13126 13.57771 13.05500 12.56110 12.09412 11.65230 1402 10.83777 10.46216 10.105909.446658.8513731256 7823717.379 15.56225 14.90765 14.29187 13.71220 13.16612 12.651321216567 11.70719 1127407 10.86461 10.47726 9.76322 9.12154 8.54363 802155 7548 16 39827 1567256 14 99203 14 35336 13.75351 13 18968 12 65930 12 15999 1168959 11 24607 10 2760 1005909937189 7 556 20141 7701 172260116.42617 15.67346 1497889 1432380 13.70984 13.13394 12.593291208532 11 60765 11.15812 1033560 6 0360 895011336492 7839 18.04555 1716864 16 35143 15.58916 14.87747 0794 12.46221 1195038 1140992 10 59001 9.81815 9.12855 351356 7963 118.85098 17.90014 17.01121 16.18455 2015 12.27534 11.76408 23 5 2202316 20.71961 19 5234 19 52346180438 174131 16.48151 15 62208 14823211400394 13.41391278336 1165358 1067 8 0770 0258077 401534 22 39646 14 51375 13.70 12 0904 1027365940691693 1283469 29 91585 2735545 25 10278 23.114772135507 19.79277 1840158 171590916046121504630 1333171 11.97461107573697790595105 Future Value of an Annuity Due of $1 (1+1)-1 X (1+1) 4 546 504 5.5% 9046 10.0% 11.04 12.04 10450 2004 10500 1 0SSO 10600 10700 20% 1.5% 20% 25% 30% 3.5% 0100 10150 10200 10250 10300 10350 10100 0301 20452 2.0604 2.0756 2.0909 2106221216 0604 30909 3.1216 3.15253.1836 32149 32465 1.101041523 42040 42563430914.3635 44163 5.1520 5229653081 53877 54634 5.5502 56330 2.1370 21525 10800 2264 2 1680 10900 22781 21836 1000 11100 11200 231002349123744 2.2149 12000 26000 32782 33101 33423 3.3746 3 4199 3.5061 37193 43650 4.5811 4.4707 5.7169 3.5731 49847 47507 4.6371 59753 3.6410 51051 3.7097 52278 3528 SI 61533 6.3359 6.525 6.7156 6. 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T 150 151414156110 109 110 11 116 11 11 16 16.56735 15 90765179187 14.7123014166121365132 1310567 12 70719 122707 1186461 114778 1076321017164 199116676 159 1645 136 137 99 100 101 907155 954363 1 1 1957453 1 9 21 19.04 MINIS .16 17.35143 14 104 1993 21300 1450 146074 13.46212 12. 194 1705 15 19 7 10 15 16 10161 7