engagenow.comm/takeAssignment/takeAssignmentMainda?invoker=&takeAssignmentSessionL.ocator=&inprogress=false eBook Calculator Compare Two Depreciation Methods ciation Bayside Coatings Company purchased waterproofing equipment on January 2, 20Y4, for $190,000. The equipment was expected to have a useful life of $9,000. Instructions: Determine the amount of depreciation expense for the years ended December 31, 20Y4, 20Y5, 20Y6, and 2OY7, by (a) the straight-line method and ( method. Also determine the total depreciation expense for the four years by each method. Depreciation Expense Year Straight-Line Method Double-Declining-Balance Method 20Y4 45,250 95,000 20YS 45,250 47,500 20Y6 45,250 23,750 V 20Y7 45,250 11,975 X Total 181,000 178,125 X Feedback Check My Work Asset cost minus residual value equals depreciable cost. Divide depreciable cost by estimated useful life. Straight line rate = 1 divided by the number of useful years. The straight line rate multiplied by 2 equals the double declining rate. Multiply the to get first year depreciation. Book value is the asset cost minus accumulated depreciation. In the first year, the balance in the accumulated dep Check My Work Email Instructor Save and th acer F4 F5 F6 F7 F8 F9 F10 F11 F12 PrtSc Pause Del z* Scr Lk SysRq Break Ins & ( 5 € 8 9- %3D т { 96

A decrease in Accounts Payable is a ( SOURCE or  USE) of funds?

Cashbalance,beginning.....................P9 P ? P ? P? P?Add collectionsfromcustomers..... ? ? 125 ? 391Totalcash available................... 85 ? ? ? ?Less disbursements:Purchaseofinventory..................... 40 58 ? 32 ?Operatingexpenses............... ? 42 54 ? 180Equipmentpurchases................... 10 8 8 ? 36Dividends.......................... 2 2 2 2 ?Totaldisbursement.................... ? 110 ? ? ?Excess (deficiency) of cash availableOrdisbursements... ...................... (3) ? 30 ? ? Financing:Borrowings......................... ? 20 - - ?Repayments (including interest)*.. - - (?) (7) (?)Total financing......................... ? ? (?) (?) ?Cash balance, ending................... P ? P ? P ? P ? P ? *Interest will total P4, 000 for the year.

FIND(x) FOR THE SHOWN CASH-FIOW DIAGRMS USE:i=9% 50 G=508 12 X 3 4