Sayers Company purchased a building for $250,000 on January 2, 2019. The building has an expected residual value of $20,000 at the end of its expected life of 20 years. Required: 1 a. Prepare a schedule showing depreciation expense for 2019 and 2020 and the book value on December 31, 2019, and December 31, 2020, for straight-line method.If required, round your answers to the nearest dollar. SAYERS COMPANYDepreciation ScheduleStraight-line Beginning Book Value Depreciation Ending Book Value 2019 $fill in the blank 4e32eb09ffd4011_1 $fill in the blank 4e32eb09ffd4011_2 $fill in the blank 4e32eb09ffd4011_3 2020 $fill in the blank 4e32eb09ffd4011_4 $fill in the blank 4e32eb09ffd4011_5 $fill in the blank 4e32eb09ffd4011_6 b. Prepare a schedule showing depreciation expense for 2019 and 2020 and the book value on December 31, 2019, and December 31, 2020, for sum-of-the-years'-digits method.If required, round your answers to the nearest dollar. SAYERS COMPANYDepreciation ScheduleSum-of-the-years'-digits method Beginning Book Value Depreciation Ending Book Value 2019 $fill in the blank 94ed9e075fa306f_1 $fill in the blank 94ed9e075fa306f_2 $fill in the blank 94ed9e075fa306f_3 2020 $fill in the blank 94ed9e075fa306f_4 $fill in the blank 94ed9e075fa306f_5 $fill in the blank 94ed9e075fa306f_6 c. Prepare a schedule showing depreciation expense for 2019 and 2020 and the book value on December 31, 2019, and December 31, 2020, for double-declining-balance method.If required, round your answers to the nearest dollar. SAYERS COMPANYDepreciation ScheduleDouble-declining-balance Beginning Book Value Depreciation Ending Book Value 2019 $fill in the blank 574a69044f89fbe_1 $fill in the blank 574a69044f89fbe_2 $fill in the blank 574a69044f89fbe_3 2020 $fill in the blank 574a69044f89fbe_4 $fill in the blank 574a69044f89fbe_5 $fill in the blank 574a69044f89fbe_6 d. Prepare a schedule showing depreciation expense for 2019 and 2020 and the book value on December 31, 2019, and December 31, 2020, for 150%-declining-balance method.If required, round your answers to the nearest dollar. SAYERS COMPANYDepreciation Schedule150%-declining-balance Beginning Book Value Depreciation Ending Book Value 2019 2020 2. Holding all other things equal, the recording of depreciation causes the rate of return on total assets to each year because the book value of the property, plant, and equipment each year.

Sayers Company purchased a building for $250,000 on January 2, 2019. The building has an expected residual value of $20,000 at the end of its expected life of 20 years. Required: 1 a. Prepare a...

Sayers Company purchased a building for $250,000 on January 2, 2019. The building has an expected residual value of $20,000 at the end of its expected life of 20 years.

Required:

1 a. Prepare a schedule showing depreciation expense for 2019 and 2020 and the book value on December 31, 2019, and December 31, 2020, for straight-line method.If required, round your answers to the nearest dollar.

SAYERS COMPANYDepreciation ScheduleStraight-line

	Beginning Book Value	Depreciation	Ending Book Value
2019	$fill in the blank 4e32eb09ffd4011_1	$fill in the blank 4e32eb09ffd4011_2	$fill in the blank 4e32eb09ffd4011_3
2020	$fill in the blank 4e32eb09ffd4011_4	$fill in the blank 4e32eb09ffd4011_5	$fill in the blank 4e32eb09ffd4011_6

b. Prepare a schedule showing depreciation expense for 2019 and 2020 and the book value on December 31, 2019, and December 31, 2020, for sum-of-the-years'-digits method.If required, round your answers to the nearest dollar.

SAYERS COMPANYDepreciation ScheduleSum-of-the-years'-digits method

	Beginning Book Value	Depreciation	Ending Book Value
2019	$fill in the blank 94ed9e075fa306f_1	$fill in the blank 94ed9e075fa306f_2	$fill in the blank 94ed9e075fa306f_3
2020	$fill in the blank 94ed9e075fa306f_4	$fill in the blank 94ed9e075fa306f_5	$fill in the blank 94ed9e075fa306f_6

c. Prepare a schedule showing depreciation expense for 2019 and 2020 and the book value on December 31, 2019, and December 31, 2020, for double-declining-balance method.If required, round your answers to the nearest dollar.

SAYERS COMPANYDepreciation ScheduleDouble-declining-balance

	Beginning Book Value	Depreciation	Ending Book Value
2019	$fill in the blank 574a69044f89fbe_1	$fill in the blank 574a69044f89fbe_2	$fill in the blank 574a69044f89fbe_3
2020	$fill in the blank 574a69044f89fbe_4	$fill in the blank 574a69044f89fbe_5	$fill in the blank 574a69044f89fbe_6

d. Prepare a schedule showing depreciation expense for 2019 and 2020 and the book value on December 31, 2019, and December 31, 2020, for 150%-declining-balance method.If required, round your answers to the nearest dollar.

SAYERS COMPANYDepreciation Schedule150%-declining-balance

	Beginning Book Value	Depreciation	Ending Book Value
2019
2020

2. Holding all other things equal, the recording of depreciation causes the rate of return on total assets to

each year because the book value of the property, plant, and equipment

each year.

Jun 10, 2022

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Sayers Company purchased a building for $250,000 on January 2, 2019. The building has an expected residual value of $20,000 at the end of its expected life of 20 years. Required: 1 a. Prepare a...

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