Question: Pequired Information Problem 7.58 (Atgo) Determine depreciation under three methods (LO7.4) The following information applier to the questions displayed below] Quick Copy purchased a new

 Pequired Information Problem 7.58 (Atgo) Determine depreciation under three methods (LO7.4)

Pequired Information Problem 7.58 (Atgo) Determine depreciation under three methods (LO7.4) The following information applier to the questions displayed below] Quick Copy purchased a new copy machine. The new machine cost $134,000 including installation. The company ertimates the equipment will have a residual value of $33,500. Quick Copy also estimates it will use the machine for four yetrs or obour 8.000 total hours. Actual use per year was as follows: Problem 7.58 (Algo) Port 2 2. Prepure in depreciation schedule for four years using the double-declining-balance method, (Hint; The asser will be depreciated in onfy two ytars) (Do not round your Intermedlote calculations.)

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