=+PR 10-2A Compare three depreciation methods obj. 2

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a. 2009: straightline depreciation,

$86,000 Razar Sharp Company purchased tool sharpening equipment on July 1, 2008, for $48,600.

The equipment was expected to have a useful life of three years, or 7,500 operating hours, and a residual value of $3,000. The equipment was used for 1,800 hours during 2008, 2,600 hours in 2009, 2,000 hours in 2010, and 1,100 hours in 2011.

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