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26 Purity Ice Cream C of $26,000. The estimated that the estimated 4,000 hours in year 1; 3,000 hours in ompany bought a new ice
26 Purity Ice Cream C of $26,000. The estimated that the estimated 4,000 hours in year 1; 3,000 hours in ompany bought a new ice cream maker at the beginning of the year at a cost useful life was four years, and the residual value was $2,000. Assume productive life of the machine was 10,000 hours. Actual annual usage was year 2; 2,000 hours in year 3; and 1,000 hours in year 4 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. iation Year Book Value At acquisition Net Book Value Depreciation Year Expense At acquisition Net Book Value Double Declining Balance Accumulated Depreciation Expense Depreciation B Year At acquisition 10
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