4 Tanner Company purchased equipment on January 1, 2015. Cost and useful life info is as follows Cost Usefule life in years Useful life in units Salvage(residual) value $90,000 9 10 11 12 INSTRUCTIONS Answer the following independent questions Complete the case 1 table below for the year ended December 31, 2015 and 2016, using the 13 If 16,000 units of product are produced in 2015 and 24,000 units are produced in 2016. Complete the case 2 2 table for the years ended December 31, 2015 and 2016. The company uses the units-of-activity depreciation 15 16 method 3 Complete the case 3 table below for the year ended December 31, 2015 and 2016 using the double-declining- 17 18 19 Case 1-straight line balance method of depreciation. Depreciation Expense for year Accumulated Depreciation Balance at year end Book Value at year end 20 Year 21 2015 22 2016 23 24 Sheet1 Sheet2 Sheet3 Sheet9 Sheet8 Sheet7 Sheet6 Sheet5 O Type here to search