Assume Purity Ice Cream Company, Inc., 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 $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. Reg 1A Reg 18 Reg 10 Complete a depreciation schedule using the Straight line method. Depreciation Expense Accumulated Depreciation Net Book Value Al acquisto Reg 18 > Chapter 8 Homework Assume Purity Ice Cream Company, Inc., in Ithaca, NY, bought a new ice cream production Kit pasteurizer homogenize, 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 10 points 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. Reg IA Reg 10 Reg 1C Complete a depreciation schedule using the units of production method Depreciation Expense Accumulated Depreciation Net Book Vale Year Al acquisition (Reg 1A Reg 10 > CHINELLIT Lation.com Connect Chapter 8 Homework Assume Purity Ice Cream Company, Inc., 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 $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 13,800 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. Reg 1A Reg 1B Req1C Complete a depreciation schedule using the double declining balance method Year Depreciation Expense Accumulated Depreciation N et Book Value Al acquisition
