9. Create a PivotTable and complete the following fixed asset schedule. Future Electronics will include the schedule in the notes to its financial statements for fiscal 2020. (Express every number as a postive number.) Cost At January 1, 2020 Additions Disposal At December 31, 2020 Accumulated Depreciation At January 1, 2020 Depreciation expense Disposal At December 31, 2020 Carrying Amount At January 1, 2020 At December 31, 2020 Buildings 15,316,200 5,888,910 0 21,205,110 465,268 0 465,268 14,850,932 Equipment 4,457,785 1,601,510 0 6,059,295 798,879 0 798,879 3,658,906 Furniture 18,967,224 14,369,270 0 33,336,494 3,421,627 0 3,421,627 15,545,597 Land 9,872,050 2,361,350 0 12,233,400 0 0 0 9,872,050 Land Improvements 7,820,640 2,041,930 0 9,862,570 1,049,947 0 1,049,947 6,770,693 Total 56,433,899 26,262,970 0 82,696,869 5,735,721 0 0 5,735,721 50,698,178

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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9. Create a PivotTable and complete the following fixed asset schedule. Future Electronics will include the schedule in the notes to its
financial statements for fiscal 2020. (Express every number as a postive number.)
Cost
At January 1, 2020
Additions
Disposal
At December 31, 2020
Accumulated Depreciation
At January 1, 2020
Depreciation expense
Disposal
At December 31, 2020
Carrying Amount
At January 1, 2020
At December 31, 2020
Buildings
15,316,200
5,888,910
0
21,205,110
465,268
0
465,268
14,850,932
Equipment
4,457,785
1,601,510
0
6,059,295
798,879
0
798,879
3,658,906
Furniture
18,967,224
14,369,270
0
33,336,494
3,421,627
0
3,421,627
15,545,597
Land
9,872,050
2,361,350
0
12,233,400
0
0
0
9,872,050
Land
Improvements
7,820,640
2,041,930
0
9,862,570
1,049,947
0
1,049,947
6,770,693
Total
56,433,899
26,262,970
0
82,696,869
5,735,721
0
0
5,735,721
50,698,178
0
Transcribed Image Text:9. Create a PivotTable and complete the following fixed asset schedule. Future Electronics will include the schedule in the notes to its financial statements for fiscal 2020. (Express every number as a postive number.) Cost At January 1, 2020 Additions Disposal At December 31, 2020 Accumulated Depreciation At January 1, 2020 Depreciation expense Disposal At December 31, 2020 Carrying Amount At January 1, 2020 At December 31, 2020 Buildings 15,316,200 5,888,910 0 21,205,110 465,268 0 465,268 14,850,932 Equipment 4,457,785 1,601,510 0 6,059,295 798,879 0 798,879 3,658,906 Furniture 18,967,224 14,369,270 0 33,336,494 3,421,627 0 3,421,627 15,545,597 Land 9,872,050 2,361,350 0 12,233,400 0 0 0 9,872,050 Land Improvements 7,820,640 2,041,930 0 9,862,570 1,049,947 0 1,049,947 6,770,693 Total 56,433,899 26,262,970 0 82,696,869 5,735,721 0 0 5,735,721 50,698,178 0
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Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
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