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At the beginning of 2020, your company buys a $29,200 piece of equipment that it expects to use for 4 years. The equipment has an

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At the beginning of 2020, your company buys a $29,200 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 2020, 46,000 units in 2021, 50,000 units in 2022, and 57,000 units in 2023 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 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 by IT Required E Determine the depreciable cost. Depreciable Cost Required A Required B Required c Required D Required E Use the straight-line method to prepare a depreciation schedule. Year Depreciation Expense Accumulated Depreciation Net Book Value Acquisition Cost 2020 2021 2022 2023 Use the units-of-production method to prepare a depreciation schedule. (Do not round your D Year Depreciation Expense Accumulated Depreciation Net Book Value Acquisition Cost 2020 2021 2022 2023

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