Question: 9-1, 9-2, 9-3 ALL PLEASE BE 9-1 Straight-line depreciation Obj. 2 A building acquired at the beginning of the year at a cost of $2,200,000
9-1, 9-2, 9-3 ALL PLEASE BE 9-1 Straight-line depreciation Obj. 2 A building acquired at the beginning of the year at a cost of $2,200,000 has an estimated residual value of $400,000 and an estimated useful life of 20 years. Determine (a) the depreciable cost, (b) the straight-line rate, and (c) the annual straight-line depreciation. BE 9-2 Units-of-activity depreciation Obj. 2 A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles, and was driven 18,000 miles during the year. Determine (a) the depre- ciable cost, (b) the depreciation rate, and (c) the units-of-activity depreciation for the year. BE 9-3 Double-declining-balance depreciation Obj. 2 A building acquired at the beginning of the year at a cost of $3,585,000 has an estimated residual value of $125,000 and an estimated useful life of 50 years. Determine (a) the double declining. balance rate and (b) the double-declining-balance depreciation for the first year
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