Partial-Year bepreciation placed in October 1 of the current local year, which ends on December 31 f
Partial-Year bepreciation placed in October 1 of the current local year, which ends on December 31 f Equipment acquired at a cost of $51,000 has an estimated residual value of $4,000 and an estimated o 10 ary, round your answers to the man a. Determine the depreciation for the current scale and for the following fiscal year by the straight-line method. preciat Year 1 Year 2 5 4,575 ,700 5 b. Demine the depreciation for the current fiscal year and the following fiscal year by the double-declining balance method Year 1 Year 2 Depreciation S 11,437.50 X 12,390.63 x