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?
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?