Question: Please help Brief Exercise 11-2 (Algo) Depreciation methods [LO11-2] On January 1, 2024, Canseco Plumbing Fixtures purchased equipment for $62,000. Residual value at the end

Please help Please help Brief Exercise 11-2 (Algo) Depreciation methods [LO11-2] On January

1, 2024, Canseco Plumbing Fixtures purchased equipment for $62,000. Residual value at

the end of an cstimated foutyear service life is expected to be

Brief Exercise 11-2 (Algo) Depreciation methods [LO11-2] On January 1, 2024, Canseco Plumbing Fixtures purchased equipment for $62,000. Residual value at the end of an cstimated foutyear service life is expected to be $6,000. The company expects the equipment to operate for 10.000 hours. The equipment operated for 3.800 and 4.600 hours in 2024 and 2025 , respectlvely. Required: o. Calculate depreclation expense for 2024 and 2025 using straight-line method. b. Calculate depreciation expense for 2024 and 2025 using double-declining-balance method c. Calculate depreciation expense for 2024 and 2025 using units-of-production using hours operated. Complete this question by entering your answers in the tabs below. Ealculate depreciation expense for 2024 and 2025 using straight-line method. a. Calculate depreciation expense for 2024 and 2025 using straight-line method. b. Calculate depreciation expense for 2024 and 2025 using double-declining-balance method. c. Calculate depreciation expense for 2024 and 2025 using units-of-production using hours operated. Complete this question by entering your answers in the tabs below. Calculate depreciation expense for 2024 and 2025 using double-decining-bolance method. b. Calculate depreciation expense for 2024 and 2025 using double-declining-balance method. c. Calculate depreciation expense for 2024 and 2025 using units-of-production using hours operated. Complete this question by entering your answers in the tabs below. Calculate depreciation expense for 2024 and 2025 using units-of-production using hours operated. Note: Round "Depreciation per hour" answers to 2 decimal places

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