Alpha Dog formed a corporation on January 2, 2017 to provide construction services in the town of Elven, Rivendell, ME. The following is the December...

3

Computer

Double Declining

$5,000

$700

The delivery truck is estimated to have a life cycle of 200,000 miles. It was driven for   1.   16,500 miles in 2015 &24,600 miles in 2016

      2.  The Computer Furniture has a life expectancy of 7 years

      3.  The Computer has a life expectancy of 4 years

Round any per unit calculations to the nearest half penny. Round all annual depreciation expenses to the nearest dollar. Use this information to compute for Fiscal Year 2016 the following values:

1.    Book Value of the Delivery Truck

2.    Depreciation Expense- Truck

3.    Book value of the office furniture

4.    Depreciation Expense- Office Furniture

5.    Book value of the Computer

6.    Depreciation Expense- Computer