AS PER CHEGG POLICY, ANSWER ALL PARTS OF THE QUESTION, PLEASE DO NOT ANSWER IF YOU DO NOT KNOW THE ANSWER 4-SUB PARTS OF A QUESTION CHEGG POLICY. THANK YOU FOR YOUR TIME.

Computer equipment was acquired at the beginning of the year at a cost of $58,900. It had an estimated residual value of $3,200 and an estimated useful life of five years.

Determine the (a) depreciable cost, (b) straight-line rate, and (c) annual straight-line depreciation.

a. Depreciable cost $_____

b. Straight-line rate _____%

c. Annual straight-line depreciation $_____

Copy equipment was acquired at the beginning of the year at a cost of $68,420 that has an estimated residual value of $6,200 and an estimated useful life of five years. It is estimated that the machine will output an estimated 1,037,000 copies. This year, 269,000 copies were made.

Determine the (a) depreciable cost, (b) depreciation rate, and (c) units-of-activity depreciation for the year. Round "depreciation rate" to two decimal places.

a. Depreciable cost $_____

b. Depreciation rate _____per copy

c. The units of output depreciation for the year $_____

A machine costing $98,125 with a five-year life and $5,900 residual value was purchased January 2.

Compute depreciation for each of the five years, using the double-declining-balance method.

Year 1 $_____

Year 2 $_____

Year 3 $_____

Year 4 $_____

Year 5 $_____