Question: View Policies Current Attempt in Progress Wildhorse AG purchased a new plant asset on April 1, 2022, at a cost of 918,000. It was

View Policies Current Attempt in Progress Wildhorse AG purchased a new plant

View Policies Current Attempt in Progress Wildhorse AG purchased a new plant asset on April 1, 2022, at a cost of 918,000. It was estimated to have a service life of 20 years and a residual value of 75,480. Wildhorse' accounting period is the calendar year. (a) Compute the depreciation for this asset for 2022 and 2023 using the sum-of-the-years-digits method. (Round answers to O decimal places, e.g. 45,892.) Depreciation for 2022 Depreciation for 2023 eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer

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