mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchurahttp%253A%252F%252Fims.mheducation.com... Help Save & Exit Submit Seved nework Check my work Problem 13-41 Increasing Residual Income over Time (LO 13-2, 13-4, 13-5) Suncoast Food Centers has provided the following information with regard to the purchase of equipment Acquisition cost of equipment Useful life Salvage value at end of useful life Annual straight-line depreciation Annual income generated by asset (before dedueting depreciation) $560,000 5 years 0 $112,000 $168,000 Use a 10 percent rate to compute the imputed interest charge. Required: Complete the following table. Year 1 Based on Net Book Value Based on Gross Bo Income Before Annual Income Nat of Average Net Book Imputed Interest Residual income Average Gross Imputed Inte Depreciation Depreciation Depreciation Value Charge Book Value Charge $ 168,000 $ 112.000 $ 56,000 S 5,600 s 560,000 s 56 168,000 112,000 56,000 560,000 5 168.000 112,000 56,000 560.000 54 165,000 112,000 56.000 560,000 f 168.000 112.000 56,000 56,000 5,000 550,000 51 2 3 4 5 mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchurahttp%253A%252F%252Fims.mheducation.com... Help Save & Exit Submit Seved nework Check my work Problem 13-41 Increasing Residual Income over Time (LO 13-2, 13-4, 13-5) Suncoast Food Centers has provided the following information with regard to the purchase of equipment Acquisition cost of equipment Useful life Salvage value at end of useful life Annual straight-line depreciation Annual income generated by asset (before dedueting depreciation) $560,000 5 years 0 $112,000 $168,000 Use a 10 percent rate to compute the imputed interest charge. Required: Complete the following table. Year 1 Based on Net Book Value Based on Gross Bo Income Before Annual Income Nat of Average Net Book Imputed Interest Residual income Average Gross Imputed Inte Depreciation Depreciation Depreciation Value Charge Book Value Charge $ 168,000 $ 112.000 $ 56,000 S 5,600 s 560,000 s 56 168,000 112,000 56,000 560,000 5 168.000 112,000 56,000 560.000 54 165,000 112,000 56.000 560,000 f 168.000 112.000 56,000 56,000 5,000 550,000 51 2 3 4 5