Total |
$ 59,850 |
$ 59,850 |
$ 59,850 |
10) What is the cost of the asset being depreciated?( Round answer to 0 decimal places, e. g. 45,892.)
Cost of asset $
11) If there is any salvage value and the amount is unknown( as is the case here), the cost would have to be determined by looking at the data for the double-declining balance method.
12) What amount, if any, was used in the depreciation calculations for the salvage value for this asset?( Round answer to 0 decimal places, e. g. 45,892.)
13) Which method will produce the highest charge to income in Year 1?
The method that produces the highest charge to income in Year 1 is
14) Which method will produce the highest charge to income in Year 4?
The method that produces the highest charge to income in Year 4 is