3 part question

Cheetah Copy purchased a new copy machine. The new machine cost $108,000 including installation. The company estimates the equipment will have a residual value of $27,000. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Year 1 2 3 Hours Used 3.000 2,000 1,600 2,400 Problem 7-5B Part 1 Required: 1. Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.) CHEETAH COPY Depreciation Schedule-Straight-Line End of Year Amounts Depreciation Accumulated Book Value Expense Depreciation Year 1 2 3 4 Total Tgmiddle Help 2 Problem 7-5B Determine depreciation under three methods (LO7.4) [The following information applies to the questions displayed below) Cheetah Copy purchased a new copy machine. The new machine cost $108.000 including installation. The company estimates the equipment will have a residual value of $27,000. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Part 2 of 3 1.25 points Year 1 2 3 Hours Used 3.000 2,000 1,600 2,400 eBook Problem 7-5B Part 2 Print 2. Prepare a depreciation schedule for four years using the double-declining balance method. (Hint: The asset will be depreciated in only two years.) (Do not round your intermediate calculations.) References CHEETAH COPY Depreciation Schedule-Double-Declining-Balance End of Year Amounts Year Depreciation Accumulated Expense Book Value Depreciation 1 2 3 4 Total Help 3 Required information Problem 7-58 Determine depreciation under three methods (L07-4) (The following information applies to the questions displayed below) Cheetah Copy purchased a new copy machine. The new machine cost $108.000 including installation. The company estimates the equipment will have a residual value of $27,000. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: art 3 of 3 5 its Year 1 2 Hours Used 3,000 27000 1,600 2.400 eBook Print Problem 7-5B Part 3 erences 3. Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rate" to 3 decimal places and use this amount in all subsequent calculations.) CHEETAH COPY Depreciation Schedule-Activity-Based End of Year Amounts Depreciation Accumulated Book Value Expense Depreciation Year 1 2 3 4 Total