QS $8-6($Algo$)$ Double$-$declining$-$balance method LO P$1$

A bulding is acquired on January $1$ at a cost of $$990\mathrm{.}000$ with an estimated useful life of eight years and salvage value of $$89\mathrm{.}300.$

Compute depreciation expense for the first three years using the double$-$declining$-$balance method.

Note: Round your enswers to the nearest dollar.

QS $7\mathrm{.}7($Algo$)$ Reporting allowance for doubtful accounts LO P$2$

On December $31$ of Simit Compan$/$s frst yeac, $$64,000$ of accouns recenable was not yet collected. Swift estumated that $$3,400$ of $1s$

accounts recensole was uncollectible and recorded the year$-$end adjustung entry.

Compune the restzoble value of occouns recevable reoorted on Switt's year$-$end balance sheec:

$2$ On January $1$ of Swift's second year, is wrtes off a customer's account for $$600.$ Compute the realizable value of accounts

recensole on January $1$ after the write$-$oft.