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What is the value of accumulated depreciation

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Question - Round all answers to the nearest dollar. Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20 year life, it's expected salvage value is $20,000, and total estimated usage is 20,000 hours. Assuming you use double declining balance: What is depreciation in 2019? What is book value after the adjusting entry is recorded in 2019? What is depreciation in 2020? What is the value of accumulated depreciation in 2020 after the adjusting entry is made?

Reference no: EM132480542

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