Exercise 1008 ab (Part Level Submission) (Video) Terry

Exercise 1008 ab (Part Level Submission) (Video) Terry Wade, the new controller of Bramble Company, has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2020 His findings are as follows Date Accumulated Depreciation Useful life in Years Salvage Value Type of Asset Acquired Cost 1120 Old Proposed Old Proposed Building 1114 $824,000 $117,600 40 50 $40,000 $64,000 Warehouse 1115 107,000 20,540 25 20 4,300 12,960 All assets are deprec