Paper details
The purpose of this assignment is to analyze long-term assets in the financial statements, and to consider
financial implications associated with long-term assets.
Complete Problem 10.5 from the textbook.
Use Microsoft Excel to show the calculations of depreciation prior to and after the recommended changes. In
addition, in a Microsoft Word document, write a memo from Patty Chu to Patty’s boss comparing the results of
the old and new depreciation expense amounts. Within the memo, discuss the impact to the income statement
and balance sheet if these changes are approved. Finally, provide a recommendation on whether the changes
should be made; use your calculations to support your position.
Name the Excel file “LastnameFirstinitial.ACC502.T4,” where the T4 refers to Topic 4 assignment.
Name the Word document “LastnameFirstinitial.ACC502.T4memo.”
While APA style is not required for the body of this assignment, solid academic writing is expected, and
documentation of sources should be presented using APA formatting guidelines, which can be found in the
APA Style Guide, located in the Student Success Center.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar
with the expectations for successful completion.
10.5 question included in the down