ACC 304 All Assignments ACC 304 All Assignments | Page 163
11) If there is any salvage value and the amount is unknown (as is the
case here), the cost would have to be determined by looking at the
data for the double-declining balance method.
12) What amount, if any, was used in the depreciation calculations for
the salvage value for this asset? (Round answer to 0 decimal places, e.g.
45,892.)
13) Which method will produce the highest charge to income in Year
1?
The method that produces the highest charge to income in Year 1 is
14) Which method will produce the highest charge to income in Year
4?
The method that produces the highest charge to income in Year 4 is
15) Which method will produce the highest book value for the asset at
the end of Year 3?
The method that produces the highest book value for the asset at the
end of Year 3 is