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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.) Date Purchased Residual Value Life in Years Cost Description Machine A Accum Depre Dec. 3 Depreciation Method Double-declining balance Dec. 2. 2022 $165,000 $18,000 10 Machine B Aug. 15, 2021 77000 21,000 5 Straight-line Machine C July 21, 2020 74,200 24,000 8 Double-declining-balance eTextbook and Media 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 O decimal places, e.g. 5,275.) Residual Value Life in Years Depreciation Method Accumulated Depreciation to Dec 31, 2023 Depreciation for 2024 $165,000 $18,000 10 Double-declining balance ? $46,200 $ 23700 77000 21,000 5 Straight-line 28,000 11200 74.200 24,000 8 Double-declining-balance 16809 3391 e Textbook and Media
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