Question: THIS IS ALL INFO Complete the table for the year ended December 31, 2022. The company depreciates all assets using the half-year convention. Description Date
THIS IS ALL INFO
Complete the table for the year ended December 31, 2022. The company depreciates all assets using the half-year convention.
| Description | Date Purchased | Cost | Salvage Value | Life in Years | Depreciation Method | Accumulated Depreciation to 12/31/21 | Depreciation for 2022 | |||||||||||||
| Machine A | 2/12/20 | $142,500 | $16,000 | 10 | (a) | (DDB/SL/SYD) | $33,350 | (b) | $ | |||||||||||
| Machine B | 8/15/19 | (c) | 21,000 | 5 | SL | 29,000 | (d) | |||||||||||||
| Machine C | 7/21/18 | 75,400 | 23,500 | 8 | DDB | (e) | (f) | |||||||||||||
| Machine D | (g) | (10/12/19, 10/12/20, 10/12/21) | 219,000 | 69,000 | 5 | SYD | 70,000 | (h) |
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