One Jan 1 2012 124000 29500 9 Straight line
Two July 1 2013 71000 10700 5 Declining Balance
Three Nov 1 2013 80220 6620 6 Units of activity
Question:
Compute the amount of accumulated depression on each machine at December 1, 2015.
Accumulated Depreciation at December 31.
MACHINE ONE=
MACHINE TWO=
MACHINE THREE=
QUESTIONS TWO:
If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2013? In 2014?
Depreciation Expense
2013=
2014=
Machine 1 Cost1-Jan-121-Jan-131-Jan-141-Jan-15 Machine 2 Cost1-Jul-131-Jan-141-Jan-15 Machine 3 SalvageUseful Life710001070055680034080 Cost1-Nov-131-Jan-141-Jan-15 A Salvage80220…
