Prepare three depreciation tables for 2022, 2023, and 2024: one for straight-line depreciation (similar to the...

 

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Prepare three depreciation tables for 2022, 2023, and 2024: one for straight-line depreciation (similar to the one in Illustration 9-9), one for double-declining balance depreciation (Illustration 9-13), and one for units- of-activity depreciation (Illustration 9-11). For units-of-activity, Mei-ling estimates she will drive the van as follows: 15,000 miles in 2022; 50,000 miles in 2023; 50,000 miles in 2024; 45,000 miles in 2025; 40,000 miles in 2026. Recall that Matcha Creations has a December 31 year-end. (Round depreciation cost/unit to 3 decimal places, e.g. 0.225.) Straight-line depreciation Year 2022 NT$ 2023 2024 Year 2022 NT$ 2023 2024 Double-declining-balance depreciation Year 2022 Depreciable Cost 2023 2024 33000 33000 33000 Book Value Beginning of Year Units of Activity 40,500 Units-of activity depreciation 35100 21060 15000 45,000 Annual Depreciation Expense NT$ 2200 50000 6600 6600 14040 8424 Annual Depreciation Expense NT$ 2,475 8,250 8,250 Annual Depreciation Expense Accumulated Depreciation NT$ 5400 Accumulated Depreciation NT$ NT$ End of Year NT$ 2,200 8800 15400 End of Year 5400 NT$ 19440 Accumulated Depreciation 27864 End of Year NT$ 2,475 NT$ Book Value Book Value Book Value 38,300 31,700 25,100 35100 21,060 12,636 38,025 Prepare three depreciation tables for 2022, 2023, and 2024: one for straight-line depreciation (similar to the one in Illustration 9-9), one for double-declining balance depreciation (Illustration 9-13), and one for units- of-activity depreciation (Illustration 9-11). For units-of-activity, Mei-ling estimates she will drive the van as follows: 15,000 miles in 2022; 50,000 miles in 2023; 50,000 miles in 2024; 45,000 miles in 2025; 40,000 miles in 2026. Recall that Matcha Creations has a December 31 year-end. (Round depreciation cost/unit to 3 decimal places, e.g. 0.225.) Straight-line depreciation Year 2022 NT$ 2023 2024 Year 2022 NT$ 2023 2024 Double-declining-balance depreciation Year 2022 Depreciable Cost 2023 2024 33000 33000 33000 Book Value Beginning of Year Units of Activity 40,500 Units-of activity depreciation 35100 21060 15000 45,000 Annual Depreciation Expense NT$ 2200 50000 6600 6600 14040 8424 Annual Depreciation Expense NT$ 2,475 8,250 8,250 Annual Depreciation Expense Accumulated Depreciation NT$ 5400 Accumulated Depreciation NT$ NT$ End of Year NT$ 2,200 8800 15400 End of Year 5400 NT$ 19440 Accumulated Depreciation 27864 End of Year NT$ 2,475 NT$ Book Value Book Value Book Value 38,300 31,700 25,100 35100 21,060 12,636 38,025

Answer rating: 100% (QA)

Units of Activity depreciation Year Units of Activity 2022 2023 2024 15000 NTS 5... View the full answer