Question: Accounting course. PLease give me correct solution. Please give me electron format texting 2.Exercise Company purchased a new crane for 36 000 euro at January
Accounting course. PLease give me correct solution. Please give me electron format texting

2.Exercise Company purchased a new crane for 36 000 euro at January 10 of year 1. The crane has an estimated useful life of six years. The crane is expected to last 10 000 hours. It was used 1800 hours in year 1', 2000 in year 2', 2500 inyear 3; 1500 inyear 4; 1200 in year 5; 1000 in year 6. Compute the annual depreciation and carrying value for the new crane for each 0 the six years under each of following methods: straight line; production; double- declining- balance. 3. Exercise Data on Company' s equipment are summarized in the table below. Equipment 3 was used 9500 hours in 2016; 7800 hours in 2017; 8700 hours in 2018. Cost Installation Estimated Estimated life Depreciation Cost Residual Value method 1 260 000 14 000 32 000 2) 120 000 5000 20 000 10 years Double- declining balance 3 80000 4000 26000hours Present your answer in a table with the headings shown below: Asset Calculations Demeciation . 2016 2017 2018
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