Question: Saved Help Submi omework A Save & Exit Check my work Required information [The following information applies to the questions displayed below.) Super Saver Groceries

 Saved Help Submi omework A Save & Exit Check my work
Required information [The following information applies to the questions displayed below.) Super

Saved Help Submi omework A Save & Exit Check my work Required information [The following information applies to the questions displayed below.) Super Saver Groceries purchased store equipment for $43,000. Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $4,000. During the 10-year period, the company expects to use the equipment for a total of 13,000 hours. Super Saver used the equipment for 1,200 hours the first year. Required: Calculate depreciation expense of the equipment for the first year, using each of the following methods. (Do not round your intermediate calculations.) 2. Double-declining-balance. Depreciation expense Check my work Required information [The following information applies to the questions displayed below.] Super Saver Groceries purchased store equipment for $43,000. Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $4,000. During the 10-year period, the company expects to use the equipment for a total of 13,000 hours. Super Saver used the equipment for 1,200 hours the first year. Required: Calculate depreciation expense of the equipment for the first year, using each of the following methods. (Do not round your intermediate calculations.) 3. Activity-based. Depreciation expense

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