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Problem ACCUMULATED DEPRECIATIN BOOK VALUE DEPRECIATION FOR THE VEAR YEAR $ 4,000 8,000 12,000 4,000 16,000 $18,000 $ 4,000 = 8,000 12,000 = $14,000 10,000 6,000 -$ 4,000 4,000 $16,000+ 4. $ 4,000+ $4,000 = 8,000+ 12,000 18,000- 16,000 16,000+ 4,000 4,000 - 18,000- 16,000 + 4,000 18,000- 16,000 2,000 $16,000 Problem A-2 Depreciation per unit (mile) Cost-Residual Value $18.000-$2.000 - Total Units of Production $16,000 100,000 mites 50.16 100,000 miles YLAR WPRECATION FOR THE YEAR 40,000 miles * $0.16 30,000miles 20000 mles $6,400 11,200 14,400 $18,000 - S6.400 Sf1,600 6.800 3,600 2.000 $6,400 4,800 56,400 11.200 0.16 $4,800 18,000 11.200 14,400 16.000 3.200 18,000 10,000 miles 0.16 1,600 1.600 16,000 18.000 $16,000 Problem A3 318.000 000 手 S9.000 $9,000 $18.000 - 4.500 2.250 18.000 4,500 4S00 13.500* 15750 %23 2.260 15.760 16.000 18.000 2.250 2,000 2250 2.000 50000 16,000

Problem ACCUMULATED DEPRECIATIN BOOK VALUE DEPRECIATION FOR THE VEAR YEAR $ 4,000 8,000 12,000 4,000 16,000 $18,000 $ 4,000 = 8,000 12,000 = $14,000 10,000 6,000 -$ 4,000 4,000 $16,000+ 4. $ 4,000+ $4,000 = 8,000+ 12,000 18,000- 16,000 16,000+ 4,000 4,000 - 18,000- 16,000 + 4,000 18,000- 16,000 2,000 $16,000 Problem A-2 Depreciation per unit (mile) Cost-Residual Value $18.000-$2.000 - Total Units of Production $16,000 100,000 mites 50.16 100,000 miles YLAR WPRECATION FOR THE YEAR 40,000 miles * $0.16 30,000miles 20000 mles $6,400 11,200 14,400 $18,000 - S6.400 Sf1,600 6.800 3,600 2.000 $6,400 4,800 56,400 11.200 0.16 $4,800 18,000 11.200 14,400 16.000 3.200 18,000 10,000 miles 0.16 1,600 1.600 16,000 18.000 $16,000 Problem A3 318.000 000 手 S9.000 $9,000 $18.000 - 4.500 2.250 18.000 4,500 4S00 13.500* 15750 %23 2.260 15.760 16.000 18.000 2.250 2,000 2250 2.000 50000 16,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I need to solve this depreciation problem but not really sure how.
ephant Aecom Problem NOCUMATED DEPHECIAON BOOK VALUE YEAR DEPRECIATION FOR THE YEAR $ 4,000 8,000 12,000 - 16,000 $14,000 10,000 6,000 2,000 $ 4,000 = $16,000 16,000 - $ 4,000 4,000 $18,000 18,000- $ 4,000 $4,000 = 8,000 12,000 3,000 = 4,000 18,000- 12,000 16,000+ 16,000 + 4,000 4,000 4,000 18,000- 16,000 $16,000 Problem A-2 Depreciation per unit (mile) Cost-Residual Value S18.000. $2.000 - Total Units of Production $16.000 100,000 miles -S0.16 100.000 miles YEAR REGATAFOR THE TEAR $6,400 11,200 $18,000 $ 6,400 S11,600 11.290 40,000 miles * $0.16 30,000 miles 20,000 miles 10,000 miles * $6,400 4長800 3.200 1,600 0.16 36.400 $4,300 = 18.000 - 6,800 茶 14,400 16.000. 3,600 2.000 0.40 18,000 14.400 0.16 14,400 * 1.600 18,000 16.000 S16,000 Problem A3 318.000 50 0.40 .*9.000 $18.000 18.000 19,000 s0.000 D00 2.250 250 2.250 250 16.750 18.000 0250 2.000 2,000 516.000 erhodr of Depreckavow
Transcribed Image Text:ephant Aecom Problem NOCUMATED DEPHECIAON BOOK VALUE YEAR DEPRECIATION FOR THE YEAR $ 4,000 8,000 12,000 - 16,000 $14,000 10,000 6,000 2,000 $ 4,000 = $16,000 16,000 - $ 4,000 4,000 $18,000 18,000- $ 4,000 $4,000 = 8,000 12,000 3,000 = 4,000 18,000- 12,000 16,000+ 16,000 + 4,000 4,000 4,000 18,000- 16,000 $16,000 Problem A-2 Depreciation per unit (mile) Cost-Residual Value S18.000. $2.000 - Total Units of Production $16.000 100,000 miles -S0.16 100.000 miles YEAR REGATAFOR THE TEAR $6,400 11,200 $18,000 $ 6,400 S11,600 11.290 40,000 miles * $0.16 30,000 miles 20,000 miles 10,000 miles * $6,400 4長800 3.200 1,600 0.16 36.400 $4,300 = 18.000 - 6,800 茶 14,400 16.000. 3,600 2.000 0.40 18,000 14.400 0.16 14,400 * 1.600 18,000 16.000 S16,000 Problem A3 318.000 50 0.40 .*9.000 $18.000 18.000 19,000 s0.000 D00 2.250 250 2.250 250 16.750 18.000 0250 2.000 2,000 516.000 erhodr of Depreckavow
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Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
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