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what is the answer the part b please Question 2 of 3 0.5/2 HII Indigo Corporation purchased a boardroom table for $15.000. The company planned
what is the answer the part b please Question 2 of 3 0.5/2 HII Indigo Corporation purchased a boardroom table for $15.000. The company planned to keep it for four years, after which it was expected to be sold for $1.000 (a Your swer is correct Calculate the depreciation expense for each of the first three years under the straight line method and the double-diminishin balance method assuming the table was purchased early in the first month of the first year (1) Straight-line method Year $ 3500 Year 2 s 3500 Year $ 500 (2) Double-diminishing balance method 00 SO 2 FP $ 4 % 5 & 7 2 3 6 8 9 0 R W E T Y Y U 0 1 S D F G H J K > X C V B N M Question 2 of 3 0.5/2 E (2) Double-diminishing-balance method Year 1 $ 7500 Year 2 $ 3750 Year 3 5 ts Textbook and Media Attempts: of 15 used 16 Assuming Indigo the table for $7.000 at the end of the third y calculate their loss on disposalderech depreciation method Straighthod Doubleminine balance method 5 T SLO $ :8 FB $ 4 56 5 & 7 2 3 6 8 0 9 m R W T Y U 0 P S D F G H J L C V B B N M ? 88
what is the answer the part b please
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