rch Help I S 11500 Solution Calculation of Depreciation Exp

rch Help I S 11,500

Solution

Calculation of Depreciation Exp. Under Unit of Activity method Depreciation for the year Asset Cost Depreciable Cost Miles Dep Expense Accum Dep. Book Value 31.12.2016 $94,100 $86,100 27500/123000 $19,250 $19,250 $74,850 31.12.2017 $86,100 33000/123000 $23,100 $42,350 $51,750 31.12.2018 $86,100 29000/123000 $20,300 $62,650 $31,450