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Bramble Limited purchased a new computer system for $205,000. It is estimated that the computer...

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Accounting

Bramble Limited purchased a new computer system for $205,000. It is estimated that the computer will have a $15,950 residual value
at the end of its five-year useful service life. The double-diminishing-balance method of depreciation will be used.
Prepare a depreciation schedule that shows the annual depreciation expense on the computer system for its five-year life. (Hint: It
might require an adjustment in the final year of depreciating an asset in order for the carrying amount to equal the residual value.)
(Round answers to 0 decimal places, e.g.5,275.)
- fill in the
- carrying amount begining of year
- depreciation rate
- annual depreciation expense
- accumlated depreciation
- carrying amount end of year
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