BE $9-1$ Straight$-$Line Depreciation

Obj. $2$

A building acquired at the beginning of the year at a cost of $\backslash (\backslash$$ $1,800,000\backslash )$ has an estimated residual value of $\backslash (\backslash$$ $200,000\backslash )$ 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 $\backslash (\backslash$$ $60,000\backslash )$ has an estimated residual value of $\backslash (\backslash$$ $2,000\backslash ),$ has an estimated useful life of $200,000$ miles, and was driven $15,000$ miles during the year. Determine $($a$)$ the depreciable 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 $\backslash (\backslash$$ $3,850,000\backslash )$ has an estimated residual value of $\backslash (\backslash$$ $150,000\backslash )$ and an estimated useful life of $40$ years. Determine $($a$)$ the double$-$declining$-$balance rate and $($b$)$ the double$-$declining$-$balance depreciation for the first year.