Question: year service tife is expected to be $ 4 , 0 0 0 . The company expects the equipment to operate for 2 0 ,
year service tife is expected to be $ The company expects the equipment to operate for hours. The equipment operated for and hours in and respectively.
Required:
a Calculate depreciation expense for and using straightline method.
b Calculate depreciation expense for and using doubledecliningbalance method.
c Calculate depreciation expense for and using unitsofproduction using hours operated.
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Calculate depreciation expense for and using straightline method.
tableStraightLine DepreciationChoose Numerator:,Choose Denominator:,Annual. DepreciationFormulaCost minus Residual,Annual DepreciationAmountsTAnnual Depreciation,,,,Z
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