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Exercise 11-02 (Part Level Submission) Windsor Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An employee has prepared depreciation schedules for this asset using three different methods to compare the results of using one method with the results of using other methods. You are to assume that the following schedules have been correctly prepared for this asset using (1) the straight-line method, (2) the sum-of-the-years-digits method, and (3) the double-declining-balance method. Double- Sum-of-the- Declining- Year Straight-Line Years!-Digits Balance 1 $10,440 $17,400 $23,200 2 10,440 13,920 13,920 10,440 10,440 8,352 4 10,440 6,960 5,011 5 10,440 3,480 1,717 Total $52,200 $52,200 552,200 3 Answer the following questions. v (a) What is the cost of the asset being depreciated? Cost of asset Click if you would like to show Work for this question Open Show Work Attempts: 0 of 4 used SAVE FOR LATER SUBMIT ANSWER Boll 1 2009-2021. Wtedions Inc. Al Rights Reserved. A Division of John Wesela Version 2.211 OSC c G Search or type URL @ # $ 4 % 5 1 2 6 Q W E R ab