accounting

Exercise 246 The Hartley Clinic purchased a new surgical laser for $90,000. The estimated salvage value is $5,000. The laser has a useful life of five years and the clinic expects to use it 10,000 hours. It was used 1,600 hours in year 1: 2,200 hours in year 2; 2,400 hours in year 3: 1,800 hours in year 4; 2,000 hours in year 5. Compute the annual depreciation for each of the five years under straight-line and units-of-activity methods Straight-line Units-of-Activity Year 1 $ $ Year 2 Year 3 Year 4 Year 5 Total $ If you were the administrator of the clinic, which method would you deem as most appropriate? 2 Units-of-activity method Both methods Straight-line method the powest reported income in the first year? Which method would result in the lowest reported income in the first year? the lowest total reported income over the five-year period? Units-of-activity method Straight-line method Both methods Which method would result in the lowest total reported income over the five-year period? bw Work for this question: Open Show Work Both methods Units-of-activity method Straight-line method