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Use the following table: $ 790, cea Big Sky Farms Partial Balance Sheet April 30, 2020 Property, plant and equipment: Land Building Less: Accumulated depreciation
Use the following table: $ 790, cea 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 202,59 $945,000 742,560 636.ece 267, 120 362,800 $1,355,380 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 2 The equipment was purchased on November 3, 2017 and is deprecated 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
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