ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 150

10) What is the cost of the asset being depreciated? (Round answer to 0 decimal places, e.g. 45,892.) Cost of asset $ 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?