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E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $30,000. The estimated useful life was four years, and the residual value was $2.180. Assume that the estimated productive life of the machine was 10,700 hours. Actual annual usage was 4.280 hours in Year 1:3,210 hours in Year 2: 2.140 hours in Year 3, and 1,070 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req1c Complete a depreciation schedule using the Straight-line method. (Do not round intermediate calculations.) Year At acquisition Depreciation Expense Net Book Value Accumulated Depreciation 2 Req 1A Req 1B > E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $30,000. The estimated useful life was four years, and the residual value was $2,180. Assume that the estimated productive life of the machine was 10,700 hours. Actual annual usage was 4,280 hours in Year 1; 3,210 hours in Year 2; 2,140 hours in Year 3; and 1,070 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the units-of-production method. (Use two decimal places for the per unit output factor. Do not round intermediate calculations.) Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 2 3 E8-9 (Algo) Computing Depreciation under Alternative Methods L08-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $30,000. The estimated useful life was four years, and the residual value was $2,180. Assume that the estimated productive life of the machine was 10,700 hours. Actual annual usage was 4,280 hours in Year 1; 3,210 hours in Year 2; 2,140 hours in Year 3; and 1,070 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the double-declining-balance method. (Do not round intermediate calculations.) Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 2 3