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Application Problem 8-4A a On January 1, 2020. Sugar Bear Company acquired equipment costing $137.500, which will be depreciated on the assumption that the equipment
Application Problem 8-4A a On January 1, 2020. Sugar Bear Company acquired equipment costing $137.500, which will be depreciated on the assumption that the equipment will be useful for the years and have a residual value of $12,100. The estimated output from this equipment is as follows: 2020-15,000 units: 2021-23,000 units: 2022-31,000 unils: 202326.000 units 202419,000 units. The company is now considering possible methods of depreciation for this assel. Calculate what the depreciation expense would be for each year of the asset's Ire, the company chooses: i. The straight-line method Straight-line depreciations per year i. The units-of-production method (Round depreciation per unit to 2 decimal places, c.g. 15.25 and final answer to 0 decimal places, c.g. 125.) Units-ot-production method depreciation per unit Year 2020 II. The double dminishing balance method Year
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