Beta Construction Ltd . acquired the following property, plant and equipment on January 1 , 2 0
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Question:
Beta Construction Ltd acquired the following property, plant and equipment on January :ResidualAssetOffice equipmentBuildingDelivery equipmentCost$ Value$ Useful Life years years yearsBeta Construction Ltd amortizes the office equipment using the straightline method, the building using the doubledecliningbalance method, and the delivery equipment using the unitsofproduction method.The delivery equipment is estimated to be useful for kilometers and during was driven kilometers.Calculate amortization expense for and years and for each of the above assets.Show your calculations and use the schedules in the answer sheet
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