ACC 304 Experience Tradition / tutorialrank.com ACC 304 Experience Tradition / tutorialrank.com | Page 155
Year purchased 2009 2010 2011 2013
Accum. depr through 2014 * $ 73,632 $ 83,072 $ 35,400 $ 37,760
* In the year an asset is purchased, Eshkol, Inc. does not record any depreciation expense on the asset.
Year purchased 2009 2010 2011 2013
Useful life
10 years
15,000 hours
15 years
10 years
Salvage value
$ 7,316
$ 7,080
$ 11,800
$ 11,800
Depreciation method
Sum-of-the-years '-digits
Activity
Straight-line
Double-declining
balance
Accum. depr through 2014 * $ 73,632 $ 83,072 $ 35,400 $ 37,760
* In the year an asset is purchased, Eshkol, Inc. does not record any depreciation expense on the asset.
ACC 304 Experience Tradition / tutorialrank.com ACC 304 Experience Tradition / tutorialrank.com | Page 154
ACC 304 Experience Tradition / tutorialrank.com ACC 304 Experience Tradition / tutorialrank.com | Page 156