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6:33 all LTE Done PSACPA-Accounting-Skills-Asse... Use the following information to answer the next three questions. Nicholson purchased a piece of equipment on for $60,000.

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6:33 all LTE Done PSACPA-Accounting-Skills-Asse... Use the following information to answer the next three questions. Nicholson purchased a piece of equipment on for $60,000. The equipment has an estimated useful life of eight years or 50,000 units of production and an estimated salvage value of $6,000. The amount of depreciation to be recorded for year 2 using the straight-line method of calculating depreciation, is The amount of depreciation to be recorded for year 1 using the double-declining balance method, is $12,000 The amount of depreciation to be recorded in year 1 using the units-of-activity method and assuming that 6,500 units are produced, is A$4.680 C200 D 17.000 Use the following information to answer the next 4 questions. Formulas for ratio calculations are on the last page of this exam. Hasbro, Inc. is a "worldwide leader in children's and family leisure time products and services" with a wide range of toys and games, entertainment offerings, and licensed products. The following information was provided in Hasbro's most recent consolidated financial statements (amounts in thousands): For the Year Ended Dec. 26

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