"Smart hardware purchase new shelving for its store on April 1,2011. The shelving is expected to have a 20 yr life and no residual value. The following expenditures were associated with the purchase.
Cost of the shelving-$12,000
Installation of shelving-2,700
Cost to repair shell damaged during installation-400
a) Compute depreciation expense for the years 2011 through 2013 under each depreciation listed below:
b. Stright-line, with fractional years rounded to the nearest whole month.
c. 200 percent declining-balance, using the half-year convention
d. 150 percent declining-balance, using the half-year convention.