Question: Comparing three depreciation methods Required: when determining the depreciation rate. Round the final answers for each year to the nearest whole dollar 1 . Determine

Comparing three depreciation methods
Required: when determining the depreciation rate. Round the final answers for each year to the nearest whole dollar
1. Determine the amount of depreciation expense for the 3 years ending December 31. by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining balance method. Also determine the total depreciation expense for the 3 years by each method. Do not round indeterminate calculations when determining the depreciation rate. Round the final answers to the nearest whole dollar.
2. What method yields the highest depreciation expense for Year 1?
3. What method yields the most depreciation over the 3-year life of the equipment?
Comparing three depreciation methods Required:

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