please help

Required information Exercise 8-9A Computing and recording straight-line versus double-declining-balance depreciation LO 8- 2,8-3 [The following information applies to the questions displayed below.) At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $52,000. It is expected to have a five-year life and a $7,000 salvage value. Exercise 8-9A Part at Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation, Answer is complete but not entirely correct. Straight-Line depreciation $ 20,000 (2) Double-declining-balance depreciation. (Leave no cells blank- be certain to enter "0" wherever required.) Answer is not complete. Required information Answer is complete but not entirely correct. Straight-Line depreciation $ 20,000 (2) Double-declining-balance depreciation. (Leave no cells blank - be certain to enter "0" wherever required.) Answer is not complete. Double- Declining Balance Year 1 Year 2 Year 3 Year 4 Year 5 $ $ S 48,000 28,000 17,280 On April 6, Year 1, Home Furnishings purchased $25,200 of merchandise from Una Imports, terms 2/10 n/45. returned $2,400 of the merchandise to Una Imports for credit. Home paid cash for the merchandise on April 15, Year 1. Required a. What is the amount that Home must pay Una Imports on April 15? b. Record the events in a horizontal statements model.. c. How much must Home pay for the merchandise purchased if the payment is not made until April 20, Year 1? d. Record the payment in Requirement c in a horizontal statements model. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Record the events in a horizontal statements model. (In the Cash Flow column, use OA to designate operating activity, IA for investment activ to account balances and cash outflows with a minus sign.) HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement Assets Liabilities Stkholders' Equity Expense Events Cash Accounts Payable Common Stock Retained Earnings + + 1. 2 Pur. inv Ret lin Inventory 25,200- 2,400- 25,200+ 2,400 Revenue Check my work mode: This shOWS WHI 1 3.84 points Return to question var cepam si my d. Record the payment in Requirement cin a horizontal statements model. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Record the events in a horizontal statements model. (In the Cash Flow column, use OA to designate operating activity, IA for investme to account balances and cash outflows with a minus sign.) HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Stateme Expense Assets Liabilities Sholders' Equity Common Retained Earnings Evente Cash Stock Accounts Payable 25,200. 2,400 - . + 456 22.344+ 22 344 146.13 1. 2 13 14 Pur inw Ret in Disc P AP + Inventory 25,200- 2,400- . 456 22.344 O + . . . Ravame Required > 1$ umere ument mant ant ument ument 24 Jun 12, 2022, 11 N AM 12, 2022, 11:32 AM May 25, 2002, 1048 AM May 30, 2022, 11:56 AM May 30, 2012, 15 May 14 2022 2:06 PM May 16 2002 14 May 1, 2002 621 May 1, 2022, 030 PM 2022, BPM May May 28, 2002, 10:48 PM May 24, 2002,122 AM May 24, 252231AM May 30, 2022, 12 Jun 2002, 11:25 P 2022 11:30 AM 22022, 1064PM May 31 2022 12:30 PM May 31, 2023, 12:32 PM an 13022943 May 30, 2022, 15:37 AM 2012 9:25 PM 2022, 10 Ale 2,222, 13:22 PM An 2, 222, AR 2002, 11:49 AM May 34 2002 05PM May 30 2002, 110 May 23, 2022, 10PM May 28 2022 M W PERSIA AM 20, 222, 14D AU EX Answer is not complete. in the tabs below. he Cash Flow column, use OA to designate operating activity, IA for investment activity, or FA for financing activity. Enter any decreases HOME FURNISHINGS Effect of Events on the Financial Statements Sheet Income Statement Expense Net Income Stkholders' Equity itios Statement of Cash Flow unts ible Common Stock Retained Earnings 1,200. + 1,400 45 111 M Next >