Question: need help with example 243 sets S, a Ex. 243 Dougan Company purchased equipment on January 1, 2014 for $90,000. I is estimated that the

need help with example 243
need help with example 243 sets S, a Ex. 243 Dougan Company

sets S, a Ex. 243 Dougan Company purchased equipment on January 1, 2014 for $90,000. I is estimated that the equipment wil have a s5.000 salvage value at the end of its 5 year uselui life. It is also estimaned use 50 of Th' that the equipment will produce 100,000 units over its 5-year lde instruetions 2- 1. Compute the amount of depreciation expensa for the year ended December 31, 2014, using 2. If 16,000 units of product are produced in 2014 and 24,000 units are produced in 2015, what s the book value of the equipment at December 31, 2015? The company uses the activity depreciation method depreciation, what is the uses the double-declining-balance method of 3. If the account a December 31, 20161? balance of the ANSWers 2015 14 3

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