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73 Required Information Problem 7-5B Determine depreciation under three methods (L07-4) [The following information applies to the questions displayed below.) Cheetah Copy purchased a new
73 Required Information Problem 7-5B 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 $105,000 including installation. The company estimates the equipment will have a residual value of $25,500 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: Hours Bed Yes 2 ok 2,800 2.000 2.000 3,200 ant Problem 7-5B Part 3 ances 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 3,200 Problem 7-58 Part 3 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.) CHIAR COPY Depreciation tihedule Active End of Ye Amounts Duprachti Amd Depreca bo Vale You 1 2 4 To 5 E E D V B. N N
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