Question: Please also do for double declining balance! Thanks! Bramble Company purchased a new plant asset on April 1, 2020, at a cost of $753,000. It
Please also do for double declining balance! Thanks!
Bramble Company purchased a new plant asset on April 1, 2020, at a cost of $753,000. It was estimated to have a service life of 20 years and a salvage value of $64,200. Bramble' accounting period is the calendar year. - Your answer is partially correct. Compute the depreciation for this asset for 2020 and 2021 using the sum-of-the-years'-digits method. (Round answers to 0 decimal places, e.g. 45,892.) Depreciation for 2020 $ 49200 Depreciation for 2021 $ 57869 e Textbook and Media Attempts: 2 of 3 used
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