Question: Required Information IThe following information applies to the questions displayed befow] Nicole's Getaway Spo (NGS) purchased a hydrotherapy tub system to add to the wellness


Required Information IThe following information applies to the questions displayed befow] Nicole's Getaway Spo (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of the year ot a cost of $10.500. The estimated useful life was ive years and the residual volue was $500. Assume that the estumated productive life of the machine 1510.000 hours. Expected annual production was year 1, 2,450 hours. year 2, 2,300 hours: year 3, 2,150 hours, year 4,2,100 hours, and year 5,1,000 hours. 2. Assume NGS sold the hydrotherapy tub system for $3.150 at the end of year 3. Prepare the journal entry to account for the disposal of this asset under the three different methods. (Do not round Intermediote colculations. If no entry is required for transaction/event, select "No Journal Entry Required" In the first account field. Round your final onswers to the neorest dollar omount.) Journal entry worksheet. C Recard the disposal of the hydrotherapy tub system for $3,150 in year 3 assuming depreciation was calculated using the straight-line method. Note1 Enter thebiti bifore crediti. Journal entry worksheet. Record the disposal of the hydrotherapy tub system for $3,150 in year 3 assuming depreciation was calculated using the units-of-production method. Note: Enter debis before credits. Journal entry worksheet. Record the disposal of hydrotherapy tub system for $3,150 in year 3 assuming depreciation was calculated using the double-declining method. Notet: Enter debits before credits
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