Question: E9-6 Computing Depreciation under Alternative Methods Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $22,000. The estimated

 E9-6 Computing Depreciation under Alternative Methods Solar Innovations Corporation bought a

E9-6 Computing Depreciation under Alternative Methods Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $22,000. The estimated useful life was five years and the residual value was $2,000. Assume that the estimated productive life of the machine is 10,000 units. Expected annual production for year 1, 2,000 units, year 2 3,000 units, year 3, 2,000 units; year 4, 2,000 units and year 5, 1,000 units. Required: Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) 1. a. Straight-line. Income Statement Balance Sheet DepreciationCostDepreciatioln Accumulated Book Value Year Expense At acquisition 4,000 S 220 4,000$18,000 8,000 $ 14,000 S 4,000 S 22000 $ 12,000s 10,000 4,000S 22,000S16,000 6,000 4,000 S 22000S 20,000$2,000 2 4,000 S 22,000r b. Units-of production. Income Statement Balance Sheet Accumulated Book Value Year Depreciation Cost Expense At acquisition 4,000 S22,000 6,000 $22,000 4,000 22,000 4,000 $ 22,000 2,000 s22.000 5

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