I need help with the following depreciation: Commercial building 39 years depreciation straight line for...
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Accounting
I need help with the following depreciation:
Commercial building 39 years depreciation straight line for tax purposes:
ACQUIRED: 10/1/2017 COST: 106,704
I need to know how to calculate the depreciation for 2017.
I have the depreciation for 2018,2019, and 2020 = 106,704/39 = 2,736 per year x 3 = 8,208, to this amount, I have to add the portion for 2017. The number I was given 2017,2018,2019, and 2020 was 8,776. How do I get the correct number
I have the depreciation for 2021 which is 2,736
Thank you
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