A10-9 Depreciation Schedule (LO 10-2, 10-3) endi en 31 Decomber Dute relating ta the equpment follew Fequirest 1 Piepare a desrechton veheduen for the asset, wsing: b. Deciring balance depreciasion ving a 225 rabe. Genter year answers as peitive valuek. Aound yeur enwwers to the neareat bolari c. Service-hours depreciosion. (Alousd your depreciation expense per heur to 2 decimal places. Enter your antaen an ponitive values, found your answers the ine nearest dollar] Q.12 should be censidered as 12% in. Quality Producers acquired factory equipment on 1 January 205, costing $172,000. Component parts are not significant and need not be recognized and depreciated separately. In view of pending technological developments, it is estimated that the machine will have a resale value upon disposal in four years of $68,000 and that disposal costs will be $5,000. The company has a fiscal year-end that ends on 31 December. Data relating to the equipment follow: Actual oneration data: Required: 1. Prepare a depreciation schedule for the asset, using; a. Straight-line depreciation. (Enter your answers as positive values. Round your answers to the nearest dollar.) b. Declining-balance depreciation, using a 22% rate. (Enter your answers as positive values. Round your answers to the nearest dollar.) c. Service-hours depreciation. (Found your depreciation expense per hour to 2 decimal places. Enter your answers as positive values. Round your answers to the nearest dollar) 2. Express straight-line depreciation as a percentage of original cost. (fround your percentage answer to neareat whole number fi.e. 0.12 should be considered as 12%)