=+Determine the amount of depreciation expense for the years ended December 31 2007 2008 2009, and 2010,

Question:

=+Determine the amount of depreciation expense for the years ended December 31 2007 2008 2009, and 2010, by

(a) the straight-line method, and

(b) the double-declining-bahnce method Also determine the total depreciation expense for the 4 years by each method The following '

columnar headings are suggested for recording the depreciation expense amounts: §

Fixed Assets and Intangible Assets 267

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