Imported From Che HW Saved Hello Save Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion 3 Return M9-7 (Algo) Calculating Partial-Year Depreciation (LO 9-3] 1 Calculate the amount of depreciation to report during the year ended December 31 for equipment that was purchased at a cost of $96.000 on October 1 The equipment has an estimated residual value of $6,000 and an estimated useful life of five years or 20,000 hours Required: Assume the equipment was used for 1.000 hours from October 1 to December 31 and the company uses (a) straight-line, (by double- declining balance or units of production depreciation (Do not round intermediate calculations.) Answer is complete but not entirely correct. Depreciation a) Strught-Line 3.000 (b) Double-clining-Blanc 6.000 (c) Unbo Production $ 3,000 Me GW EN Prev 316 Next > So