Your answer is partially correct. Prepare three depreciation tables for 2020, 2021, and 2022: one for...

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Your answer is partially correct. Prepare three depreciation tables for 2020, 2021, and 2022: one for straight-line depreciation (similar to the one in Illustration 9.10), one for double-declining balance depreciation (Illustration 9.14), and one for units-of-activity depreciation (Illustration 9.12). For units-of-activity, Natalie estimates she will drive the van as follows: 15,000 miles in 2020; 45,000 miles in 2021; 50,000 miles in 2022; 45,000 miles in 2023; 40,000 miles in 2024. Recall that Cookie Creations has a December 31 year-end. (Round depreciation cost/unit to 3 decimal places, e.g. 0.225.) Straight-line depreciation Depreciable Cost Depreciation Expense Accumulated Depreciation Net Book Value $ 40500 33000 $ 2200 33000 33000 Double-declining-balance depreciation NBV (Beg. of Year) 2200 38300 6600 8800 31700 6600 15400 25100 Depreciation Expense Accumulated Depreciation Net Book Value $ 40500 $ 40500 $ 40% 35100 21060 5400 35100 40% 14040 21060 40% 8424 12636 Units-of activity depreciation Units of Activity Depreciation Expense Accumulated Depreciation Net Book Value 15000 $ 0.165 45000 50000 eTextbook and Media Save for Later 2475 40500 38025 0.165 7425 30600 0.165 8255 22350 Attempts: unlimited Submit Answer Your answer is partially correct. Prepare three depreciation tables for 2020, 2021, and 2022: one for straight-line depreciation (similar to the one in Illustration 9.10), one for double-declining balance depreciation (Illustration 9.14), and one for units-of-activity depreciation (Illustration 9.12). For units-of-activity, Natalie estimates she will drive the van as follows: 15,000 miles in 2020; 45,000 miles in 2021; 50,000 miles in 2022; 45,000 miles in 2023; 40,000 miles in 2024. Recall that Cookie Creations has a December 31 year-end. (Round depreciation cost/unit to 3 decimal places, e.g. 0.225.) Straight-line depreciation Depreciable Cost Depreciation Expense Accumulated Depreciation Net Book Value $ 40500 33000 $ 2200 33000 33000 Double-declining-balance depreciation NBV (Beg. of Year) 2200 38300 6600 8800 31700 6600 15400 25100 Depreciation Expense Accumulated Depreciation Net Book Value $ 40500 $ 40500 $ 40% 35100 21060 5400 35100 40% 14040 21060 40% 8424 12636 Units-of activity depreciation Units of Activity Depreciation Expense Accumulated Depreciation Net Book Value 15000 $ 0.165 45000 50000 eTextbook and Media Save for Later 2475 40500 38025 0.165 7425 30600 0.165 8255 22350 Attempts: unlimited Submit Answer