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1. Fill in depreciation expense in year 3 under each depreciation method when residual value is $30,000 and useful life is 3 years: Depreciation method:
1.Fill in depreciation expense in year 3 under each depreciation method when residual value is $30,000 and useful life is 3 years:
Depreciation method:
Straight-line
Units-of-Output
Double-declining
2.Fill in the book value at the end of year 1 under each depreciation method when residual value is $36,000 and useful life is 4 years:
Depreciation method:
Straight-line
Units-of-Output
Double-declining
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