(Different Methods of Depreciation) Jeeter Industries presents you with the following information.
|
Description |
Date |
Cost |
Salvage |
Life in |
Depreciation |
Accumulated |
Depreciation |
|
Machine A |
2/12/11 |
$159,000 |
$16,000 |
10 |
(a) |
$37,700 |
(b) |
|
Machine B |
8/15/10 |
(c) |
21,000 |
5 |
SL |
29,000 |
(d) |
|
Machine C |
7/21/09 |
88,000 |
28,500 |
8 |
DDB |
(e) |
(f) |
|
Machine D |
10/12/(g) |
219,000 |
69,000 |
5 |
SYD |
70,000 |
(h) |
Instructions
Complete the table for the year ended December 31, 2013. The company depreciates all assets using the half year convention.