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Use the following table: $ 700,000 Big Sky Farms Partial Balance Sheet April 30, 2020 Property, plant and equipment: Land Building Less: Accumulated depreciation Equipment?

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Use the following table: $ 700,000 Big Sky Farms Partial Balance Sheet April 30, 2020 Property, plant and equipment: Land Building Less: Accumulated depreciation Equipment? Less: Accumulated depreciation Total property, plant and equipment $700,000 55e eee 640, eee 271,368 150,eee 368,640 $1,218,640 The building was purchased on May 3, 2009, and is depreciated to the nearest whole month using the straight-line method Depreciation is based on a 14-year life, after which it will be demolished and replaced with a new one. 2The equipment was purchased on November 3, 2017, and is depreciated to the nearest whole month using the double-declining- 13,2 balance method. The total estimated useful life is 10 years with a residual value of $200,000. Required: 1. Calculate and record depreciation for the year just ended April 30, 2021. for both the building and equipment View transaction list Journal entry worksheet 1 2 Record the depreciation for the building, for the year ended April 30, 2021. Notenter det before Date General Journal Debit Credit Apr 30, 2021 Use the following table: $ 780,00 Big Sky Farms Partial Balance Sheet April 30, 2020 Property, plant and equipment: Land Building Less: Accumulated depreciation Equipment Less: Accumulated depreciation Total property, plant and equipment 150,000 5700,000 350,000 640,00 271 360 368,640 $1,218,640 'The building was purchased on May 3, 2009, and is depreciated to the nearest whole month using the straight-line method. Depreciation is based on a 14-year life, after which it will be demolished and replaced with a new one. 2The equipment was purchased on November 3, 2017, and is depreciated to the nearest whole month using the double-declining balance method. The total estimated useful life is 10 years with a residual value of $200,000 Required: 1. Calculate and record depreciation for the year just ended April 30, 2021. for both the building and equipment hes View transaction list Journal entry worksheet

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