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