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Application Problem B-4A a On January 1, 2020, SugarBear Company acquired equipment costing $175,000, which will be depreciated on the assumption that the equipment will

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Application Problem B-4A a On January 1, 2020, SugarBear Company acquired equipment costing $175,000, which will be depreciated on the assumption that the equipment will be useful for five years and have a residual of $15,400. The estimated output from this equipment is as follows: 2020-15,000 units: 2021-22.000 units; 2022-34,000 units: 2023-28,000 units: 2024-15,000 units. The company is now considering possible methods of depreciation for this asset. (a) Calculate what the depreciation expense would be for each year of the asset's life, if the company chooses: i. The straight line method Straight-line depreciation per year I. The units of production method (Round depreciation per unit to 2 decimal places, e.. 15.25 and final answer to Units-of-production method depreciation per unit estion to Year 2020 2021 2022 2024 Questos Questione The double diminishing balance method Chalce Rate se Question of Year 2020 I. The units-of-production method (Round depreciation per unit to 2 decimal places, e.g. 15.25 and final answer to o decimal places, e.g. 125.) Units-of-production method depreciation per unit Year 2020 2023 2024 ill. The double-diminishing-balance method Rate Year Question Attempts: 0

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