Question: On June 2 9 , 2 0 2 5 , equipment included in the March 3 1 , 2 0 2 4 , purchase that

On June 29,2025, equipment included in the March 31,2024, purchase that cost $90,000 was sold for $70,000. Herzog uses the
straight-line depreciation method for building and equipment and the double-declining-balance method for vehicles. Partial-year
depreciation is calculated based on the number of months an asset is in service.
Required:
Compute depreciation expense on the building, equipment, and vehicles for 2024.
Prepare the journal entries to record the depreciation on the equipment sold on June 29,2025, and the sale of equipment.
Compute depreciation expense on the building, remaining equipment, and vehicles for 2025.
 On June 29,2025, equipment included in the March 31,2024, purchase that

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