Question: On January 1 , 2 0 2 0 , Sugar Bear Company acquired equipment costing $ 1 3 5 , 0 0 0 , which

On January 1,2020, Sugar Bear Company acquired equipment costing $135,000, which will be depreciated on the assumption that the equipment will be useful for five years and have a residual value of $10,700. The estimated output from this equipment is as follows:2020-15,000 units; 2021-22,000 units; 2022-35,000 units; 2023-26,000 units; 2024-15,000 units. The company is now considering possible methods of depreciation for this asset. Find by double diminshing method for 2020 to 2024

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