Swifty Industries presents you with the following information. Complete the table for the year ended December 31, 2022. The company depreciates all assets using the half-year convention. (Round...

Swifty Industries presents you with the following information.

Complete the table for the year ended December 31, 2022. The company depreciates all assets using the half-year convention.
(Round answers to 0 decimal places, e.g. 45,892.)

Description

Date

Purchased

Cost

Salvage

Value

Life

in Years

Depreciation

Method

Accumulated

Depreciation to

12/31/21

Depreciation

for 2022

Machine A

2/12/20

$146,800

$17,000

(a)

$34,220

(b)

Machine B

8/15/19

(c)

21,630

29,870

(d)

Machine C

7/21/18

67,200

23,500

DDB

(e)

(f)

Machine D

(g)

225,570

71,070

SYD

72,100

(h)

Jun 10, 2022

SOLUTION.PDF

Swifty Industries presents you with the following information. Complete the table for the year ended December 31, 2022. The company depreciates all assets using the half-year convention. (Round...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment