Question: HI could you please complete both of these problems :) 1) 2) Thank you :) Required information [The following information applies to the questions displayed
HI could you please complete both of these problems :)
1)


2)
![displayed below.] Tory Enterprises pays $243,400 for equipment that will last five](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/10/66fc2289bfd70_94566fc22895b71d.jpg)


Thank you :)
Required information [The following information applies to the questions displayed below.] Tory Enterprises pays $243,400 for equipment that will last five years and have a $44,100 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,000 annually, after deducting all expenses except depreciation Calculate annual depreciation expenses using double-declining-balance method. (Enter all amounts positive values.) Depreciation for the Period End of Period Beginning of Depreciation Period Book Annual Accumulated Depreciation Depreciation Year Book Value Rate Value Year 1 Year 2 Year 3 Year 4 Year 5 Total 4,240 40% 40% 40% 40% 40% S $ 39,860 $ 39,860 Required information [The following information applies to the questions displayed below.] Tory Enterprises pays $243,400 for equipment that will last five years and have a $44,100 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,000 annually, after deducting all expenses except depreciation Calculate annual depreciation expenses using double-declining-balance method. (Enter all amounts positive values.) Depreciation for the Period End of Period Beginning of Depreciation Period Book Annual Accumulated Depreciation Depreciation Year Book Value Rate Value Year 1 Year 2 Year 3 Year 4 Year 5 Total 4,240 40% 40% 40% 40% 40% S $ 39,860 $ 39,860
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