資管系初會實習 CH10(2/24)
一、Tanner Company purchased equipment on January 1, 2001 for $90,000. It is
estimated that the equipment will have a $5,000 salvage value at the end of its
5-year useful life. It is also estimated that the equipment will produce 100,000 units
over its 5-year life.
Instructions
Answer the following independent questions.
1. Compute the amount of depreciation expense for the year ended December 31,
2001, using the straight-line method of depreciation.
2. If 16,000 units of product are produced in 2001 and 24,000 units are produced in
2002, what is the book value of the equipment at December 31, 2002? The
company uses the units-of–activity depreciation method.
3. If the company uses the double-declining-balance method of depreciation, what is
the balance of the Accumulated Depreciation—Equipment account at December
31, 2003?
二、Southeast Airlines purchased a 747 aircraft on January 1, 2001, at a cost of
