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  • Apr 30, 2009, 12:09 PM
    rcevans
    compute depreciation expense
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    I need the straight line method with fractional years rounded to the nearset whole month, and the 200 percent declining-balance,using the half-year convention. Also the 150 percent declining-balance, using the half-year convention. Cost of shelving is 12,000, freight charges is 520,sales taxes is 780 and installation of shelving is 2,700. The shelving is expected to have 20-year life and no residual value. Smart hardware purchased new shelving for it's store on April 1, 2007.
  • Apr 30, 2009, 12:10 PM
    rcevans
    compute depreciation expense for years 2007-2010
    --------------------------------------------------------------------------------

    I need the straight line method with fractional years rounded to the nearset whole month, and the 200 percent declining-balance,using the half-year convention. Also the 150 percent declining-balance, using the half-year convention. Cost of shelving is 12,000, freight charges is 520,sales taxes is 780 and installation of shelving is 2,700. The shelving is expected to have 20-year life and no residual value. Smart hardware purchased new shelving for it's store on April 1, 2007.

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