Please watch the "Depreciation Expense Videos" and use it as a guidance to Find the depreciation expense for the following long term assets. Once you finish, please take a picture of your notes. 01/10/22 - Bought Mac Book Air ($1,548) at Best Buy (4 years Residual value: $250) 02/15/22 - Bought Microsoft Surface ($1,345) at Office Depot (4years Residual value: $220) . 02/20/22 - Bought Flat Bed ($7,985) from Mr. Diaz. Paid 30% Down Payment (7 years Residual Value: $2220) 02/28/22 - Bought Anti-Virus for 3 years ($1,600) (NO RESIDUAL)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please watch the "Depreciation Expense Videos" and use it as a guidance to Find the depreciation expense
for the following long term assets. Once you finish, please take a picture of your notes.
01/10/22 - Bought Mac Book Air ($1,548) at Best Buy (4 years Residual value: $250)
02/15/22 - Bought Microsoft Surface ($1,345) at Office Depot (4years Residual value: $220)
. 02/20/22 - Bought Flat Bed ($7,985) from Mr. Diaz. Paid 30% Down Payment (7 years Residual Value:
$2220)
• 02/28/22 - Bought Anti-Virus for 3 years ($1,600) (NO RESIDUAL)
Transcribed Image Text:Please watch the "Depreciation Expense Videos" and use it as a guidance to Find the depreciation expense for the following long term assets. Once you finish, please take a picture of your notes. 01/10/22 - Bought Mac Book Air ($1,548) at Best Buy (4 years Residual value: $250) 02/15/22 - Bought Microsoft Surface ($1,345) at Office Depot (4years Residual value: $220) . 02/20/22 - Bought Flat Bed ($7,985) from Mr. Diaz. Paid 30% Down Payment (7 years Residual Value: $2220) • 02/28/22 - Bought Anti-Virus for 3 years ($1,600) (NO RESIDUAL)
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