1. Record the Depreciation Expense for the period under the double-declining-balance method.

2. What general conclusion can you draw regarding the comparison of the three methods?

• The Double-Declining-Balance (accelerated) method records an increasing amount of depreciation expense in each year over the equipment's useful life.

• The Straight-line method implies that an asset is used evenly over its useful life, therefore the expense is constant each year.

• The Activity-Based method reflects depreciation expense based on estimated units produced, and therefore is not likely to reflect the cost of using the equipment each year.

Required: 1. Use your spreadsheet to recalculate Depreciation Expense, Accumulated Depreciation, and the Book Value for Year 6 under each method. Note your revised values below. Depreciation Expense Accumulated Depreciation Book Value Straight-Line $ 14,100 84, 600 28,200 Double-Declining- Activity-Based Balance $ 0f $ 5,076 8 4,600 84.600) 28,200 28,200 Required: 1. Use your spreadsheet to recalculate Depreciation Expense, Accumulated Depreciation, and the Book Value for Year 6 under each method. Note your revised values below. Depreciation Expense Accumulated Depreciation Book Value Straight-Line $ 14,100 84, 600 28,200 Double-Declining- Activity-Based Balance $ 0f $ 5,076 8 4,600 84.600) 28,200 28,200