just beed 1c

Connect Assignment 7 - Chapter 8 6 2 E8-8 Computing Depreciation under Alternative Methods LO8-3 mo Doints Purity Ice Cream Company bought a new ice cream maker at the beginning of the year at a cost of $7,800. The estimated useful ne was four years, and the residual value was $800. Assume that the estimated productive life of the machine was 10,000 hours. Actual annual usage was 3,500 hours in year 1: 3,200 hours in year 2; 2,200 hours in year 3; and 1100 hours in year 4. Required: 1-a. Complete a separate depreciation schedule by using Straight-line method. (Round your answers to the nearest dollar amount. Make sure that the carrying amount at the end of year 4 is equal to the residual value. Depreciation expense for the last period should be calculated as Carrying value of 3rd year minus residual value.) Book 1-c. Complete a separate depreciation schedule by using Double-declining balance method. (Round your answers to the nearest dollar amount. Make sure that the carrying amount at the end of year 4 is equal to the residual value. Depreciation expense for the last period should be calculated as Carrying value of 3rd year minus residual value) Depreciation Expense Accumulated Depreciation Carrying Amount Alsoquisition 1 2 3 4