For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for straight-line and DDB for double-declining-balance. Asset Cost Residual Service Life Depreciation Depreciation
Value (Years) Method (Year 2)
A 31,000 5 DDB $30,000
B 30,000 8 SYD 35,00
C 87,000 6,000 SL 9,000
D 252,000 21,000 10 23,100
E 211,000 3,100 8 150%DB

Asset     Cost        Residual      Service Life   Depreciation    Depreciation

                             Value           (Years)           Method             (Year 2)

A       $125,000     $31,000           5                  DDB                $30,000

B        $30,000     $12,000           8                  SYD                  $3,500

C        $87,000      $6,000            9                   SL                    $9,000

D        $252,000  $21,000          10              straight line        $23,100

E        $211,000       $3,100           8                 150%DB         $32,144.53

A) double declining balance:

2 x 1/5 x 0.6cost = $30,000

0.6cost = $30,000 / 0.4 = $75,000

cost = $75,000 / 0.6 = $125,000

B) 8 + 7 + 6 + 5 +4 + 3 + 2 + 1 = 36

depreciation year 2 = 7/36 x ($30,000 - residual value) = $3,500

$30,000 - residual value = $3,500 x 36/7 = $18,000

residual value = $30,000 - $18,000 = $12,000

C) straight line depreciation per year = net depreciable value / useful life

$81,000 / useful life = $9,000

useful life = $81,000 / $9,000 = 9

D) straight line since depreciation per year x useful life = net depreciable value

$23,100 x 10 = $231,000

E) 150% double declining

year 1 = 1.5 x 1/8 x $211,000 = $39,562.50

year 2 = 1.5 x 1/8 x $171,437.50 = $32,144.53

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.