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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 pasteurizerhomogenizer cooler, aging vat, freezer, and filling machine at the beginning of the year at a cost of $ The estimated useful life was four years, and the residual value was $ Assume that the estimated productive life of the machine was hours. Actual annual usage was hours in Year ; hours in Year ; hours in Year ; and hours in Year Please complete a depreciation schedule for the Double declining balance method including depreciation expense, accumulated depreciation, and net book value. There are four years. is NOT an answer for the final year.
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