Question: The table below contains data on depreciation for five (5) different equipment items used. REQUIRED: On a separate sheet, copy the following table and

 


The table below contains data on depreciation for five (5) different equipment

The table below contains data on depreciation for five (5) different equipment items used. REQUIRED: On a separate sheet, copy the following table and fill in the missing 20 items for all assets. Acquisition Date Cost Accumulated Depreciation 1/1/2016 1/1/2016 1/1/2016 1/1/2017 1/1/2017 $100,000 $100,000 $330,000 12/31/2018 $90,000 Depreciation 2017 $10,000 $27,000 $200,000 Depreciation 2018 $10,000 $18,000 $80,000 Book value, 12/31/2017 $140,000 $37,000 $300,000 Book value, 12/31/2018 $70,000 Estimated service life 6 4 5 5 Estimated salvage value 0 $10,000 0 Depreciation method Straight-line Sum-of years Digits Sum-of-Years-D igits Double- declining balance

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