Burgers to Go purchased a new delivery car at the beginning of the year at a cost of $25,700. The estimated useful life of the car is five years, and its estimated productivity is 80,000 miles. Its salvage value is estimated to be $1,700. Miles used yearly are as follows: Year 1, 16,000 miles; Year 2, 20,000 miles; Year 3, 13,000 miles; Year 4, 15,000 miles; and Year 5, 16,000 miles. Complete a separate depreciation schedule for each of the three methods given for all five years. (Round your answers to the nearest dollar.)
1. Straight-line method
2. Activity method
3. Double-declining balance method

  • CreatedSeptember 01, 2014
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