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) 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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