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Sandblasting eauioment acquired at a cost of $91,000 has an estimated residual value of $5,000...

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Accounting

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Sandblasting eauioment acquired at a cost of $91,000 has an estimated residual value of $5,000 and an estimated useful life of 10 years. It was placed in service on October 1 of the current Sscal year, which ends on December 31, 20s a. Determine the depreciation for 20YS and for 206 by the straight-Ine method. Round your answer to the nearest cent if rounding is required 20YS b. Determine the depreciation for 20YS and for 2096 by the method. Round your answer to the nearest cent E rounding is required 2ovs Previous

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\table[[Number,Account Title,Debit,Credit],[101,Cash,$18,000,],[126,Supplies,10,300,],[128,Prepaid insurance,2,000,],[167,Equipment,23,000,],[168,Accumulated depreciation-Equipment,,$6,500

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