Question: need help on this 3 part problem Exercise 11-1 (LO1) Depreciation Computations - SL, SYD, DDB Deluxe Ezra Company purchases equipment on January 1, Year


Exercise 11-1 (LO1) Depreciation Computations - SL, SYD, DDB Deluxe Ezra Company purchases equipment on January 1, Year 1. The following information is provided concerning the acquisition. Instructions: (a) Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method. Straight-line method depreciation for each of Years 1 through 3: Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-theyears digits depreciation method. c) Compute the amount of depreciation for each of Years 1 through 3 using the doubledeclining balance method. (In performing your calculations, round constant percentage to the nearest one-hundredth of a point and round answers to the nearest dollar.) Exercise 11-1 (LO1) Depreciation Computations - SL, SYD, DDB Deluxe Ezra Company purchases equipment on January 1, Year 1. The following information is provided concerning the acquisition. Instructions: (a) Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method. Straight-line method depreciation for each of Years 1 through 3: Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-theyears digits depreciation method. c) Compute the amount of depreciation for each of Years 1 through 3 using the doubledeclining balance method. (In performing your calculations, round constant percentage to the nearest one-hundredth of a point and round answers to the nearest dollar.)
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