Question: Please help I have no clue what im doing wrong, and I cant figure out Year 5 depreciation expense. ! Required information [The following information

Please help I have no clue what im doing wrong, and Icant figure out Year 5 depreciation expense. ! Required information [The followingPlease help I have no clue what im doing wrong, and I cant figure out Year 5 depreciation expense.

! Required information [The following information applies to the questions displayed below.] Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of the year at a cost of $13,000. The estimated useful life was five years and the residual value was $1,000. Assume that the estimated productive life of the machine is 10,000 hours. Expected annual production was year 1, 2,250 hours; year 2, 2,400 hours; year 3, 2,250 hours; year 4, 2,100 hours; and year 5, 1,000 hours. Required: 1. Complete a 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 Reg 10 1. Complete a 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 Reg 1C Complete a depreciation schedule for double-declining-balance method. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Year Depreciation Expense Accumulated Depreciation Book Value $ 13,000 At Acquisition Year 1 $ $ 5,200 $ Year 2 Year 3 5,200 3,120 1,872 $ Year 4 $ 1,123 Year 5 $ 675

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