Question: Help calculate the double declining balance The income statement 3rd picture Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness

Help calculate the double declining balance
The income statement 3rd picture  Help calculate the double declining balance The income statement 3rd picture
Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to
the wellness programs at NGS The machine was purchased at the beginning

Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS The machine was purchased at the beginning of the year at a cost of $10,500. The estimated useful life was five years and the residual value was $500. Assume that the estimated productive life of the machine is 10,000 hours. Expected annual production was year 1, 2,450 hours; year 2,2,300 hours; year 3, 2,150 hours; year 4, 2,100 hours; and year 5,1,000 hours. value: 0.90 points Required: 1. Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) a. Straight-line. Depreciation Accumulated Year preciation Book Value 10,500 8,500 6,500 4,500 2,500 500 At Acquisition Year 1 Year 2 Year 3 Year 4 2,000 s 2,000 s ,000$ 2,000 $ 2,000 $ 2,000 $ 4,000 $ 6,000 s 8,000 S 10,000$ b. Units-of-production. Accumulated Book Value Year At Acquisition Year 1 Year 2 Year 3 Year 4 Year 5 10,500 8,050 5,750 3,600 1,500 500 450 2,300 $ 2,150 $ 2,100 $ 1,000 $ 2,450 $ 4,750 $ 6,900 $ 9,000 $

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