Problems: Set B CHAPTER 9 523 9. 8 Walker Co. to have a useful life the company moved to Walker Co purchased furniture on February 4, 2015, for $70.000 on account. At that time, it was useful lite ofive years and a $1,000 residual value. The furniture was disposed of on January 16, 2010 any moved to new premises. Walker Co uses the diminishing balance method of depreciation w and calculates depreciatiot for partial period un partial periods to the nearest month. The company has a September 30 year unt. At that time, it was expected of on January 26, 2018, when ice method of depreciation with a 20% Record acquisition, depreciation