Problem 8-5B assignment comleted.xlsx - Problem 8-5B Name...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Problem 8-5B Name: Ashley Taylor Straight- line: years depreciated expense 1 58,000 2 58,000 3 58,000 4 58,000 5 58,000 Year Units Unit Cost 1 355,600 0.2 71,120 2 320,400 0.2 64,080 3 317,000 0.2 63,400 4 343,600 0.2 68,720 5 133,400 0.2 26,680 Total 1,470,000 294000 Total Depreciation Annual Accumulated Ending Beginning Rate Depreciation Depreciation Book Book Expense at the End of Value Year Value the Year 1 324,000 40% 40% $129,600 $129,600 2 194,400 0 40% 77,760 $116,640, 3 116,640 0 40% 46,656 69,984 4 69,984 0 40% 27,994 41,990 5 41,990 0 40% 16,796 25,194 Total 455,414 40% $298,806 Note: This working paper is set up like the solution for PR8-5A.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern