Question: At December 31 2014 Halifax Servicing s balance sheet showed capital

At December 31, 2014, Halifax Servicing’s balance sheet showed capital asset information as detailed in the schedule below. Halifax calculates depreciation to the nearest whole month.


1 There have been no disposals or subsequent capital expenditures since the date of purchase.
2 Actual kilometers driven were: 2014, 14,000; 2015, 68,000.

Required
Complete theschedule
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  • CreatedJanuary 08, 2015
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