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Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY , bought a new ice cream production kit ( pasteurizer / homogenizer , cooler, aging vat,

Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY, bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $14,800. The estimated useful life was four years, and the residual value was $1,500. Assume that the estimated productive life of the machine was 9,500 hours. Actual annual usage was 3,800 hours in Year 1; 2,850 hours in Year 2; 1,900 hours in Year 3; and 950 hours in Year 4. Please complete a depreciation schedule for the Double declining balance method including depreciation expense, accumulated depreciation, and net book value. There are four years. 925 is NOT an answer for the final year.

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