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Calculate the depreciation for each of the property

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Question - The details of the January 1, 2020 purchase of property, plant & equipment by Stellar Industries is as follows:

Cost Residual Value Useful Life Depreciation Method Machinery $1,403,000 $113,000 1 million units

Activity Method Building $756,000 $66,000 30 years

Straight line Computer $162,500 $10,000 5 years Double-Declining-Balance

Required - During 2020 Stellar produced 210,000 units using its machinery. Calculate the 2020 depreciation for each of the property, plant & equipment items.

Reference no: EM132619271

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