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What is the depreciation expense under straight line

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Reference no: EM132512045

Cost: $10000

Salvage:$1,000

Useful life: 5 years

Units over life: $ 36,000

Question 1: What is the depreciation expense under straight line?

Question 2: What is the second year of depreciation expense under declining balance = 200%?

Question 3: What is the fourth year depreciation expense under sum-of-years digits?

Question 4: Asume the asset produced 13,000 units. What is the depreciation expense under the units of production method?

Question 5: Asume the decling balance = 200% method is used. What is the book value at the end of year 2?

Reference no: EM132512045

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