Question: Exercise 11-6 (Algo) Depreciation methods; solving for unknowns [LO11-2] For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are

Exercise 11-6 (Algo) Depreciation methods; solving for unknowns [LO11-2] For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for straight-line and DDB for double-declining-balance. (Do not round Intermediate calculations. Round your final answers to nearest whole dollar.) Asset Cost Residual Value Service Life Depreciation Depreciation (Years) Method (Year 2) A $ 24,000 5 DDB $ 24,000 B 48,000 8 SL 4,900 73,000 9,000 SL 8,000 D 238,000 14,000 10 22,400 E 204,000 24,000 8 DDB

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