2023 E11 2 Depreciation Conceptual Understanding Rembrandt Company acquired a plant asset at the beginning of Year 1 | Assignments Online
2023 E11 2 Depreciation Conceptual Understanding Rembrandt Company acquired a plant asset at the beginning of Year 1 | Assignments Online
Assignments Online 2023 Business Finance
|
Year
|
Straight-Line
|
Sum-of-Years’-Digits
|
Double-Declining-Balance
|
|
1
|
$9,000
|
$15,000
|
$20,000
|
|
2
|
9,000
|
12,000
|
12,000
|
|
3
|
9,000
|
9,000
|
7,200
|
|
4
|
9,000
|
6,000
|
4,320
|
|
5
|
9,000
|
3,000
|
1,480
|
|
Total
|
$45,000
|
$45,000
|
$45,000
|
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