uWorR Cllapter 08 Homework Score 1 of 2 pts S88 similar to O

uWorR. Cllapter 08 Homework Score: 1 of 2 pts S8-8 (similar to) On year

a) Straight line method dep for second year ;

Second year dep = (38000-1000)/8 = 4625

b) Unit of production :

Second year dep = (38000-1000/462500)*161875 = 12950

c) Double decline balance

Double decline rate = 100/8*2 = 25%

Second year dep = 38000*75%*25% = $7125