Calculate depreciation for the long-term assets

Reference no: EM132742210

Question: Calculate depreciation for the long-term assets that are listed below. Each asset was acquired in 2019 and the depreciation needs to be calculated for 2020.

Land $49,259.00

Building $437,442.00

Machinery $62,677.00

Equipment $6,355.00

Office Supplies $1,873.00

Boat #1 $31,450.00

Boat #2 $44,821.00

Boat #3 $4,200.00

Reference no: EM132742210

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