ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 194

What are the weighted-average accumulated expenditures? 35) Which of the following is a capital expenditure? ======================================= ACC 304 Week 5 Midterm Part 2 For more course tutorials visit www.tutorialrank.com 1) 1) A machine which cost $300,000 is acquired on October1, 2014. Its estimated salvage value is $30,000 and its expected life is eight years. a) Calculate depreciation expense for 2014 and 2015 by doubledeclining balance b) Calculate depreciation expense for 2014 and 2015 by sum-ofthe-years-digits c) At the end of 2015, which method results in the larger accumulated depreciation amount?