Question: plz send the full answer Lindy Weink, the new controller of Blossom Company, has reviewed the expected useful lives and residual values of selected depreciable

 plz send the full answer Lindy Weink, the new controller of

Blossom Company, has reviewed the expected useful lives and residual values of

plz send the full answer

Lindy Weink, the new controller of Blossom Company, has reviewed the expected useful lives and residual values of selected depreciable assets at December 31, 2024. (Depreciation for 2024 has not been recorded yet.) Her findings are as follows: After discussion, management agrees to accept Lindy's proposed changes. All assets are depreciated by the straight-line method Blossom Company has a December 31 year end. For each asset, calculate the annual depreciation expense using the original estimated useful life and residual value. Calculate the carrying amount of each asset as at January 1,2024. Carrying amount Building Equipment For each asset, calculate the revised annual depreciation expense and the carrying amount at December 31,2024

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