2. On January Anderson Cranes purchased a crane for $270.000. Anderson expects the crane to remain useful for eight yees (1,800,000 lins) and to have a residual value of $30,000. The company expects the crane to be used for 6000 hs the first you Read the gutements a. Compute the first year depreciation expertise on the crane using the straight-in method Begin by selecting the formola to calculate the company's first-year depreciation on the crone using the right in method. Then enter the amounts and calculate the capreciation for the first year Cost Residual value ). Viele - Sri-ne depreciation 270,000 30.000 30,000 5. Compute the text year depreciation expense on the creding the units of production method Batore calculating the trwyear depreciation on the crown the units of production methosciute the depreciation expenso per unit. Delect a forma, non entot amous and culture caprecinton por unit (Round precision peut totuodecimals, XXX) Coot Rosdia Ultito in rita - Decanon perunt 270.000 30,000 1.600,00 0.15 How come the amounts, and calculate the company's first year depreciation on the crne using the units of production method found depreciation expense to the whole dollar Decreation per un Current year ago Units-o-production depreciation 0.15 60.000 9.000 2. On January 1, Anderson Cranes purchased a crate for $270,000. Anderson expects the crane to remain useful for eight years (1,600.000 itt and to have a residual value of $30.000 The company expects the crane to be used for 60.000 ts the first year Read the regret per unit. (Round copreciation per unit to wo decimals, XXX) Cost Residus - Usatul life in units Depreciation per unit 270000 30.000 1600.000 0.15 Now, select the formula, enter the amounts, and calculate the company's first year depreciation on the care using the units of production method (Round depreciation expense to the nearest hool) Deprecio per unit Current year ago Unit of production erection 0.15 30.000 Compute to foster and second yew conexe on the care ving the double declining balance murod Deon by selecting the formula to be the company's first year and ond year depreciation on the crane uing the double-delning balance meno Then enter the amounts and calculate e doprecision for the first you. Finally, enter the amounts and of the depreciation for the second your forma wino e Domofound the interim cantion Round precation expense to the recente Cost 370000 Thesidual value o PRU Double dedining - balonce depreciation 6/500 Yrt Y2 220.000 67600