Calculate the total cost, total depreciation, and annual depreciation for the following assets by using the straight-line method. Cost Shipping Charges Setup Charge Total Cost Salvage Value Estimated Useful Life (years) Depreciation Total Annual 1. $5,600 $210 $54 $600 6
2. $16,900 $310 0 $1900 4

a. For Asset 1, we have:

Total cost = $5,864

Total depreciation = $5,264

Annual depreciation = $877.33

b. For Asset 2, we have:

Total cost = $17,210

Total depreciation = $15,310

Annual depreciation = $3,827.50

Step-by-step explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf for the complete question with the sorted data.

Also note: See the attached excel file for the presentation of the data in the question with the answers (in bold red color).

The explanation of the answers is now given as follow:

Straight line method is a method of calculating depreciation and amortization of an asset by dividing the difference between the total cost and salvage value of an asset by its estimated useful life.

Therefore, wee have:

a. For Asset 1, we have:

Total cost = Cost + Shipping Charges + Setup Charge = $5,600 + $210 + $54 = $5,864

Total depreciation = Total cost - Salvage Value = $5,864.00 = $600 = $5,264

Annual depreciation = Total depreciation / Estimated Useful Life = $5,264 / 6 = $877.33

b. For Asset 2, we have:

Total cost = Cost + Shipping Charges + Setup Charge = $16,900 + $310 + $0 = $17,210

Total depreciation = Total cost - Salvage Value = $17,210 - $1,900 = $15,310

Annual depreciation = Total depreciation / Estimated Useful Life = $15,310 / 4 = $3,827.50

answer: input the dimensions of the room to be painted. click the button to calculate the amount of paint and man-hours needed for this job.

interior paint coverage depends on the brand of paint used. the coverage amount is listed on the label of the paint can. use this to adjust the values in the paint coverage section below. paint usually is applied at 350 to 400 square feet per gallon (primer at 200 to 300 square feet per gallon).

step-by-step explanation:

step-by-step explanation:

a child is 12 years old, and his father is 32 years older. in how many years will the age of the father be 2 times the age of the child?

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this needs to be the answer format, or else your answer is incomplete.

if the number of years is x, then the equation is

in __ years