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neip Save & Exit Submit Check my work Exercise 8-8 (Static) Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each
neip Save & Exit Submit Check my work Exercise 8-8 (Static) Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation (Enter all amounts as positive values.) Year Year 1 Year 2 Year 3 Year 4 Total Depreciation for the Period End of Period Beginning-Year Depreciation Annual Accumulated Year-End Book Value Rate Depreciation Depreciation Book Value $ 154,000 50% s 77,000 $ 77,000 $ 77,000 77,000 50% 38,500 115,500 38,500 38,500 50% 13,500 129,000 25,000 25,000 50% $ 129,000 neip Save & Exit Submit Check my work Exercise 8-8 (Static) Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation (Enter all amounts as positive values.) Year Year 1 Year 2 Year 3 Year 4 Total Depreciation for the Period End of Period Beginning-Year Depreciation Annual Accumulated Year-End Book Value Rate Depreciation Depreciation Book Value $ 154,000 50% s 77,000 $ 77,000 $ 77,000 77,000 50% 38,500 115,500 38,500 38,500 50% 13,500 129,000 25,000 25,000 50% $ 129,000
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