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QUESTION 34 On January 1, 2020. Done Inc purchased a Truck for $64.000 The estimated...

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QUESTION 34 On January 1, 2020. Done Inc purchased a Truck for $64.000 The estimated We of the truck was 8 years with an estimated result of 54.000 Compute the Depreciation expense Accumulated depreciation and Book value on this equipment for the years ending on December 31, 2021. Using the following red Computations 200% Declining Balance 2021 Depreciation Expense Accumulated Depreciation Book Value Computations: Rate 118 or 12.5% 200% Declining Balance 2021 Depreciation Expense Accumulated Depreciation Book Valga 5000 40.000 Depreciation Expense 16,000 Accumulated Depreciation Book Value $64.000 x 125% Computations Rate 16 #1/82/8 or 25 or 25% 5448,000-4000)*259 Computations Rate-18 .1/82/8 or 25 or 25% $64 000 26% 27.000 37,000 2004 Dedining Balance 2021 o 200% Declining Balance 2021 2003 Declining Balance 22 11,000 Depreciation Expense Book Value Accumulated Depreciation 32,000 327000 16,000 Depreciation Expense Accumulated Depreciation Book Value Computations Rane 178 41/82/8 or 25 or 25% 280x24 36.000

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