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Use the following table: $ 770,000 Big Sky Farms Partial Balance Sheet April 30, 2020 Property, plant and equipment: Land Building? Less: Accumulated depreciation Equipment2
Use the following table: $ 770,000 Big Sky Farms Partial Balance Sheet April 30, 2020 Property, plant and equipment: Land Building? Less: Accumulated depreciation Equipment2 Less: Accumulated depreciation Total property, plant and equipment 3 $915,000 671,000 610,000 258, 640 244,000 351, 360 $1,365,360 es 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 15-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 View transaction list to vo pelse TOCE delete supp D ? & 3 5 6 00 4 7 9 2 3 1/4 1/2 3/4 E { A U R . U S [ [ nl ] Jo
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