1. The data below refers to packaging equipment, bought on Jan/02/2018:

Equipment XPA 234
Total Cost	$261,000	Residual Value	$1,000
Useful Life	8 years	Total Working Hours Capacity	18,000 hours

Calculate the following:

1. The amount of depreciation for the year 2018 using the straight line method.

2. The depreciation for 2018 using the hours of operation depreciation method (same as the units of production method), knowing that the machine worked 4,300 hours during that year.

3. Create a depreciation schedule (table) for all years, using the double declining

method. Do not depreciate below the residual value.

4. Create a depreciation schedule for all years, using the sum of the years

method.