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Assume Purity Ice Cream Company, Inc., in Ithaca, NY, bought a new ice cream production Kit (pasteurizet/homogenizer, cooler aging vat, freezer and filling machine) at

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Assume Purity Ice Cream Company, Inc., in Ithaca, NY, bought a new ice cream production Kit (pasteurizet/homogenizer, cooler aging vat, freezer and filling machine) at the beginning of the year at a cost of $152,000. The estimated useful life was four years, and the residual value was $8.000. Assume that the estimated productive life of the machine was 16,000 hours. Actual annual usage was 5,500 hours in Year 1:3,800 hours in Year 2, 3,200 hours in Year 3 and 3.500 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods a. Straight-line. b. Units-of-production c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the Straight-line method. Yo D epreciation Expense Accumulated Depreciation Net Book Value At acquisition Reg 1B > Assume Purity Ice Cream Company, Inc., in Ithaca, NY, bought a new ice cream production kit (past vat, freezer, and filling machine) at the beginning of the year at a cost of $152,000. The estimated residual value was $8,000. Assume that the estimated productive life of the machine was 16,000 h 5,500 hours in Year 1: 3,800 hours in Year 2:3,200 hours in Year 3, and 3,500 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 10 Complete a depreciation schedule using the units-of-production method. Year Depreciation Expense Accumulated Depreciation Net Book Value Al acquisition - Req 1A Req 1C >

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