Question: Do a. and b. using sum-of-the-years-digits method and then units of production method. Preparing Depreciation Schedules Using Various Depreciation Methods ISPN Compary acquired equipment that

Preparing Depreciation Schedules Using Various Depreciation Methods ISPN Compary acquired equipment that cost 536,000 on janwary 1. The equipment wil be depreciated on the assumpoon that it will iast gix years and have a 32,400 residual value Required Prepare a schedule that shows annual depreciabon expense, and year-end accumulated depreclation and book value, over the assets useful life assuiming the following. a. Sum-of-theyearis-digts depreciation method. b. Unis-of-production deprecation method. Esimated cunput is a total of 105,000 units, of which 12000 wil be produced in the first year. 18,000 in the second and third years, 15,000 in the fourth year, and 21,000 in the ffth and soath years a. Sum-of the-Years Digits Deprecation Method Preparing Depreciation Schedules Using Various Depreciation Methods I5PN Company acquired equipment that cost. $36,000 on Jancary 1. The equipment will be depreciared on the assumption that it will last siocyears and fave a s2, 400 residual value Required Prepare a schedule that shows annual deprecistion expense, and yeacend accumulated depreciation and book value, over the assers useful life absuming the following a. Sum-of the years-digits depreciation method b. Units of-production depreciaton method. Estimated ourpot is a total of 105,000 units, of which 12000 will be produced in the first year, 18,000 in the second and third years- 15,000 in the fourth year, and 21,000 in the fith and soxth years. b. Units-of-production Depreciation Method
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