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5 ints On January 1, 2018, Canseco Plumbing Fixtures purchased equipment for $36,000. Residual value at the end of an estimated four-year service life is

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5 ints On January 1, 2018, Canseco Plumbing Fixtures purchased equipment for $36,000. Residual value at the end of an estimated four-year service life is expected to be $6,000. The company expects the machine to operate for 20,000 hours. The machine operated for 2,500 and 3,300 hours in 2018 and 2019, respectively, a. Calculate depreciation expense for 2018 and 2019 using straight line method. b. Calculate depreciation expense for 2018 and 2019 using sum-of-the-years-digits method. c. Calculate depreciation expense for 2018 and 2019 using double-declining balance method. d. Calculate depreciation expense for 2018 and 2019 using units of production method (using machine hours). Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Calculate depreciation expense for 2015 and 2019 using double-declining balance method. Depreciation for the Period End of Period Beginning Annual completion. Return to question Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate depreciation expense for 2018 and 2019 using double-declining balance method. Depreciation for the Period End of Period Annual Beginning Depreciation of Period Depreciation Accumulated Period Rate(%) Expenso Book Value Book Value Depreciation 2018 36,000 50% 12,000 12,000 s 24,000 2019 36,000 $ 25% 9,000 21,000 15,000 Seved Submit Help Save & Exit heck my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Required a Required B Required Required D Calculate depreciation expense for 2018 and 2019 using units-of-production method (using machine hours). (Round "Depreciation per machine hour" answers to 2 decimal places.) Select formula for Units of Production Depreciation: (Cost - Salvage) / Total units of production 1.50 Calculate 2018 depreciation expense Depreciation per machine hour Machine hours in 2018 Depreciation in 2018 Calculate 2019 depreciation expense: Depreciation per machine hour Machine hours in 2019 Depreciation in 2019 5 1.50

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