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At the beginning of 2017, your company buys a $28,000 piece of equipment that it expects to use for 4 years. The equipment has an

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At the beginning of 2017, your company buys a $28,000 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 47,000 units in 2017, 49,000 units in 2018, 54,000 units in 2019, and 50,000 units in 2020. Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Determine the depreciable cost. Depreciable Cost a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method c. Use the straight-line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units-of-production method e. Use the units-of-production method to prepare a depreciation schedule. Complete this question by entering your answers in the tabs below. Required ARequired B Required CRequired D Required E Calculate the depreciation expense per year under the straight-line method Depreciation Expense Per Year Required A Required B Required C Required D Required E Use the straight-line method to prepare a depreciation schedule Depreciation Accumulated Net Book Expense Depreciation Value Year Acquisition Cost 2017 2018 2019 2020 Required A Required B Required C Required D Required E Use the units-of-production method to prepare a depreciation schedule. (Do not round your Depreciation rate per unit.) Depreciation Accumulated Net Book Expense Depreciation Value Year Acquisition Cost 2017 2018 2019 2020 Required D RequiredE

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