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traight-Line Depreciation building acquired at the beginning of the year at a cost of $1,630,000 has an estimated residual value of $340,000 and an estimated

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traight-Line Depreciation building acquired at the beginning of the year at a cost of $1,630,000 has an estimated residual value of $340,000 and an estimated useful life of 10 years. Determine the Sllowing: 3. The depreciable cost % 5. The straight-line rate c. The annual straight-line depreciation A truck acquired at a cost of $230,000 has an estimated residual value of $13,000, has an estimated useful life of 31,000 miles and was deven2. during the Determine the following. If required, round your answer for the depreciation rate to two decimal places a. The depreciable cost b. The depreciation rate The units-of-activity depreciation for the year per mile eBook SH Double Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of $1,193,000 has an estimated residual value of $220,000 and an estimated to life of 40 years. Determine the following a. The double declining-balance rate b. The double-decining balance depreciation for the first year Revision of Depreciation Equipment with a cost of $304,000 has an estimated residual value of $41,600, has an estimated useful life of 16 years, and is depreciated by the straight line method a. Determine the amount of the annual depreciation b. Determine the book value at the end of the tenth year of use c. Assuming that at the start of the seventh year the remaining life is estimated to be eight years and the residual value is estimated to be $16,800, determine the depreciation expense for each of the remaining eight years

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