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At the beginning of 2017. your company buys a $30,000 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 $30,000 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 47000 units in 2017, 48,000 units in 2018, 47000 units in 2019, and 58,000 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 Required D Required E Determine the depreciable cost. Depreciable Cost 5 28.000 Required B 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. -22 Complete this question by entering your answers in the tabs below. Required A Required Required Required D Required E Calculate the depreciation expense per year under the straight-line method. Depreciation Expense Por Years 7.000 Required A Required Complete this question by entering your answers in the tabs below. Required A Required B Required c Required D Required E Use the straight-line method to prepare a depreciation schedule. Year Depreciation Accumulated Net Book Expense Depreciation Value Acquisition Cost 2017 $ 7,000 $ 7,000 2018 $ 7,000 $ 7,000 2019 $ 7,000 $ 7,000 2020 $ 7,000 $ 7,000 Recmired D e. Use the units-of-production method to prepare a depreciation Complete this question by entering your answers in the tabs below. Required a Required B Required c Required D Required E Calculate the depreciation rate per unit under the units-of-production method. (Round your answ Depreciation Rate Per Unit 0.14 Required A Required B Required Required D Required E Use the units-of-production method to prepare a depreciation schedule. (Do not round your Depreciation Year Depreciation Accumulated Net Book Expense Depreciation Value Acquisition Cost 2017 2018 2019 2020

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