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The following table includes specific details related to four different assets owned by Shabra Ltd....

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Accounting

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The following table includes specific details related to four different assets owned by Shabra Ltd. as at December 31, 2020. 4 Shabra's fiscal year ends on December 31. The land and building were purchased on the same date for an aggregate price of $724,000. The company does not use the units-of-production method for depreciation, and assumes that the residual value for each asset is zero. 20 points Required: Determine the missing values in the below table. 8 01:20:45 Land Building Machine Truck July 2, 2017 $ January 1, 2014 30,000 $ 140,000 $ 700,000 Indefinite 40 years 10 years Date of purchase Acquisition cost Useful life Depreciation method Accumulated depreciation Carrying amount Straight line Straight line $ Double-declining balance 140,000 $ 98,000

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