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4 Part 2 of 2 Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] NewTech

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4 Part 2 of 2 Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] NewTech purchases computer equipment for $272,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $20,000 points X 03:23:20 Skipped Exercise 8-8 Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) eBook det Hint Depreciation for the Period End of Period Beginning-Year Depreciation Annual Accumulated Year-End Book Value Rate Depreciation Depreciation Book Value Year Print Year 1 Year 2 Year 3 Year 4 Total References 5 Part 1 of 2 Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] On April 1. Cyclone's Co. purchases a trencher for $318.000. The machine is expected to last five years and have a salvage value of $59.000. points X 03:21:05 Exercise 8-11 Straight-line, partial-year depreciation LO C2 Skipped Compute depreciation expense at December 31 for the first and second year assuming the company uses the straight-line method. eBook Choose Numerator Choose Denominator: Annual Depreciation Hint = Annual depreciation Year Annual Depreciation X Fraction of Year Depreciation Expense Print First year Second year References 6 Part 2 of 2 Part 2 of 2 Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] 1.11 points On April 1. Cyclone's Co. purchases a trencher for $318.000. The machine is expected to last five years and have a salvage value of $59.000. 8 03:20:42 Exercise 8-12 Double-declining-balance, partial-year depreciation LO C2 eBook Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the double- declining-balance method. (Enter all amounts as positive values.) det Hint Depreciation for the Period End of Period Beginning of Annual Period Period Book Depreciation Partial Depreciation Accumulated Rate Value Year Book Value Expense Depreciation Year 1 Year 2 Print r References

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