Jackel Industries presents you with the following information. Complete the tabl
ID: 2448979 • Letter: J
Question
Jackel Industries presents you with the following information.
Complete the table for the year ended December 31, 2016. The company depreciates all assets using the half-year convention.
Description
Date Purchased
Cost
Salvage Vlaue
Depreciation Method
Machine A
2/12/14
351,975
39,520
SYD
Machine B
8/15/13
195,130
51,870
SL
Machine C
7/21/12
186,238
23,500
DDB
Machine D
10/12/14
540,930
170,430
SYD
Acumulated Depreciation to 12/31/15
Depreciation for 2016
Machine A
82,375
48,289
Machine B
71,630
????
Machine C
????
????
Machine D
172,900
????
Description
Date Purchased
Cost
Salvage Vlaue
Depreciation Method
Machine A
2/12/14
351,975
39,520
SYD
Machine B
8/15/13
195,130
51,870
SL
Machine C
7/21/12
186,238
23,500
DDB
Machine D
10/12/14
540,930
170,430
SYD
Acumulated Depreciation to 12/31/15
Depreciation for 2016
Machine A
82,375
48,289
Machine B
71,630
????
Machine C
????
????
Machine D
172,900
????
Explanation / Answer
Useful life of assets is not given then amount of depreciation can not be calculated.
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