Question: Problem 9-8 (algorithmic) Question Help Consider the following data on an asset. Cost of the asset, Useful life, N Salvage value S $216,000 5 years

Problem 9-8 (algorithmic) Question Help Consider the following data on an

Problem 9-8 (algorithmic) Question Help Consider the following data on an asset. Cost of the asset, Useful life, N Salvage value S $216,000 5 years $67,000 Compute the annual depreciation alowancos and the resulting book valucs (a) Use the straight line depreciation method. Fill in the table below. (Round to the nearest dollar.) 1 $79800 $186.70D 2 29.00S156,400

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