Tableau DA $8-2($Algo$)$: Exercise, Straight$-$line depreciation and sale of asset LO C$2,$ P$2$

The company founder hires us as consultants and asks that we oversee the accounting for new equipment purchased on January $1.$ The founder wants to know the implications of different depreciation methods and estimates for the company$$s financial statements. Those statements will be used to attract financing from new investors and creditors. At the end of the equipment$$s first year in operation, we are given the following Tableau Dashboard.