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What is the total depreciation

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Question - Andrei Company was incorporated on January 1, 2017. In preparing the financial statements for the year ended December 31, 2020, the entity used the following original cost and useful life for the property, plant and equipment:

Original Cost Useful Life

Building 20,000,000 15 years

Machinery 15,000,000 10 years

Furniture 5,500,000 7 years

On January 1, 2021, the entity determined the property, plant and equipment had a useful life of 10 years for the building, 7 years for the machinery and 5 years for the furniture, from the date of acquisition. The entity used the straight line method of depreciation with no residual value. What is the total depreciation for 2021?

Reference no: EM132990650

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