Question: Using the worksheet below, complete the following: 1 Depreciation Expense per year 2 Accumulated Depreciation per year 3 Net Remaining Undepreciated Cost Assumptions are as
| Using the worksheet below, complete the following: | ||||||||||
| 1 | Depreciation Expense per year | |||||||||
| 2 | Accumulated Depreciation per year | |||||||||
| 3 | Net Remaining Undepreciated Cost | |||||||||
| Assumptions are as follows: | ||||||||||
| A | Cost to be Depreciated | 200,000 | ||||||||
| B | Estimated useful life of | |||||||||
| the equipment | 10 years | |||||||||
| C | Salvage Value | 20,000 | ||||||||
| Cost to be | Depreciation | Accumulated | Net Remaining | |||||||
| Year | Depreciated | Exp Per Yr | Depreciation | Undepreciated Cost | ||||||
| 1 | ||||||||||
| 2 | ||||||||||
| 3 | ||||||||||
| 4 | ||||||||||
| 5 | ||||||||||
| 6 | ||||||||||
| 7 | ||||||||||
| 8 | ||||||||||
| 9 | ||||||||||
| 10 | ||||||||||
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