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Waterway Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2024. The company

Waterway Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2024. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to 0 decimal places, e.g. 5,275.)

Description

Date Purchased

Cost

Residual Value

Life in Years

Depreciation Method

Accumulated Depreciation to Dec. 31, 2023

Depreciation for 2024

Machine A

Dec. 2, 2022

$170,000

$14,000

10

select a method

Straight-line/Sum-of-the-years-digits/Double-declining-balance/Working hours

$47,600

$enter a dollar amount

Machine B

Aug. 15, 2021

enter a dollar amount

18,000

5

Straight-line

25,500

enter a dollar amount

Machine C

July 21, 2020

75,800

24,000

8

Double-declining-balance

enter a dollar amount

enter a dollar amount

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