Seve Help Save & Exit Subm E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $16,800. The estimated useful life was four years, and the residual value was $1,280. Assume that the estimated productive life of the machine was 9,700 hours. Actual annual usage was 3,880 hours in Year 1; 2,910 hours in Year 2; 1,940 hours in Year 3; and 970 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Complete a depreciation schedule using the Straight-line method. (Do not round intermediate calculations.) Depreciation Accumulated Year Expense- At acquisition 1 $ 3,880 2 $ 3,880 3 $ 3,880 4 $ 3.880 Depreciation Not Book Value S 16,600 < Prev 3 of 9 Next > Saved Help Sa E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $16,800. The estimated useful life was four years, and the residual value was $1.280. Assume that the estimated productive life of the machine was 9,700 hours. Actual annual usage was 3,880 hours in Year 1; 2,910 hours in Year 2: 1,940 hours in Year 3; and 970 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Complete a depreciation schedule using the units-of-production method. (Use two decimal places for the per unit output factor. Do not round intermediate calculations.) Year At acquisition 1 2 3 Depreciation Expense Accumulated Depreciation Net Book Value E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $16,800. The estimated useful life was four years, and the residual value was $1,280. Assume that the estimated productive life of the machine was 9,700 hours. Actual annual usage was 3,880 hours in Year 1; 2,910 hours in Year 2; 1,940 hours in Year 3; and 970 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Complete a depreciation schedule using the double-declining-balance method. (Do not round intermediate calculations.) Net Year Depreciation Expense Accumulated Depreciation Book Value At acquisition 1 2 3 4 < Previ 3 of 9 Next >