Question: Will somebody help me with this? I also need to show formulas P11-1 (Depreciation for Partial Period-SL, SYD, and DDB) Alladin Company purchased Machine #201

Will somebody help me with this? I also need to show formulas  Will somebody help me with this? I also need to show

P11-1 (Depreciation for Partial Period-SL, SYD, and DDB) Alladin Company purchased Machine #201 on May 1, 2014 The following information relating to Machine #201 was gathered at the end of May Price Labor costs d lar It was expected that the machine could be used for 10 years after which the value would be after which it expects to be able to sell for May 5,2014 Alladin uses the calendar year as the basis for the preparation of financial statements Instructions: (a) (1) Compute the depreciation expense for the years indicated using the straight-line method for Alladin intends to use the machine only years, however The noce for Machine #201 was pad 2014. (Round to the nearest dollar.) Total Cost Price Less: Credit terms Freight-in costs Amou Prep and instalation costs A Salvage value Amount Total CostForm Depreciable value Life of the asser Annual depreciation exp Partial year depreciation Num rmula 8 of 12 months of 2014 (a) (2) Compute the depreciation expense for the years indicated using the sum-ot-years-digits method for 2015. (Round to the nearest dollar.) Ublize the Excel formula-SYD Cost s ormulal Formulalfor last 4 of 12 months of first year a Formua for first 8 of 12 months of second year Fcrmula Total for second calendar year (a) (3) Compute the depreciation expense for the years indicated using the double-decining balance method for 2014. (Round to the nearest dolar.) Utilize the Excel formula "ODBCostsavaeue Period) Formula Formuial for last 8 of 12 months of fist year (b) Suppose Kate Crow, the president of Alladin, tells you that because the company is a new organization, she expects it will be several years before production and sales reach optimum levels. She asks you to recommend a depreciation method that will allocate less of the company's depreciation expense to the early years and more to later years of the assets lives. What method would you recommend? Enter text answer here

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