Leslie, inc., followed the practice of depreciating its building on a straight-line basis. a building was purchased in 2016 and had an estimated useful life of 25 years and a residual value of $20,000. page 428 the company's depreciation expense for 2016 was $15,000 on the building. what was the original cost of the building?

Original Cost of building=$395000

Step-by-step explanation:

Formula:

Straight line depreciation Expense=Depreciable amount/Useful life of asset

In our Case:

Depreciable amount is not given

Depreciable expense=$15000

Useful life of asset =25 years

Using aboe formula depreciable amount can be calculated as:

Depreciable amount= Depreciation Expense* Useful life of asset

Depreciable amount=$15000*25

Depreciable amount=$375000

In order to calculate the original cost we also have to include residual cost in depreciable amount.

Original Cost of building=Depreciable amount + Residual Cost

Original Cost of building=$375000+$20000

Original Cost of building=$395000

a 4/6 = 9/12   not proportional

step-by-step explanation:

to find which are not proportional, we can use cross products

if it is true, they are proportional.   if it is not true, they are not proportional.

a 4/6 = 9/12

4* 12 = 6*9

48 = 54

not this is not proportional  

b 2/3 = 12/18  

2* 18 = 3 * 12

36 = 36

this is proportional

c 5/4 = 10/8  

5*8 = 4*10

40 = 40

this is proportional

d 7/5 = 35/25

7*25 = 5 * 35

175 = 175

is proportional

16

step-by-step explanation: