first year

Read the requirements.

a$.$ Compute the first$-$year depreciation expense on the crane using the straight$-$line method

Begin by selecting the formula to calculate the company's first$-$year depreciation on the crane using the straight$-$line method Then enter the amounts and calculate the depreciation for the first year

$1+,=$ Straight$-$line depreciation

$1+,=$

b$.$ Compute the first$-$year depreciation expense on the crane using the units$-$of$-$production method

Before calculating the first$-$year depreciation on the crane using the units$-$of$-$production method, calculate the depreciation expense per unit Select per unit to two decimals, $xx(x)$

$$

$1+$

$1+1+$

I$=$ Depreciation per unit

$=$

Now, select the formula, enter the amounts, and calculate the company's first$-$year depreciation on the crane using the units$-$of$-$production method $($Round depreciation expense to the nearest whole dollar$)$

$x,=$ Units$-of-$production depreciation

$x,=$

c$.$ Compute the first$-$year and second$-$year depreciation expense on the crane using the double$-$declining$-$balance method.

Requirements

Compute the first$-$year depreciation expense on the crane using the following methods

a$.$ Straight$-$fine

b$.$ Units$-$of$-$production $($Round depreciation per unit to two decimals. Round depreciation expense to the nearest whole dollar$)$

Compute the first$-$year and second$-$year depreciation expense on the crane using the following method.

c$.$ Double$-$declining$-$balance $($Round depreciation expense to the nearest whole dollar $)$