Question: Required Informatlon Problem 7.58 (Algo) Determine depreciation under three methods (LO7.4) The following infomation apples to the questions displayed befowJ. One Stop Copy putchased a

 Required Informatlon Problem 7.58 (Algo) Determine depreciation under three methods (LO7.4)

Required Informatlon Problem 7.58 (Algo) Determine depreciation under three methods (LO7.4) The following infomation apples to the questions displayed befowJ. One Stop Copy putchased a new copy machine. The new machine cost \$120,000 including linstaliation. The company. estimates the equigment will have a residuai value of $30.000. One 510p Copy also estimates it will use the machine for fouryears or about 8,000 total hours Actual use per year was as follows. Problem 7.5B (Algo) Port 1 Requifed: 1. Prepale y depreciatlon schedule for fout yeors using the straignteline metnod (Do not round your linterme diate caiculotions.)

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